The resource accounts for 2019 are now available
Photo: Mika Baumeister on Unsplash.
20/02/2020 The Norwegian Petroleum Directorate's estimate of total proven and unproven petroleum resources on the Norwegian continental shelf is about 15.7 billion standard cubic metres of oil equivalents.
This is 104 million more than as of 31 December 2018. Forty-eight per cent of the resources have been sold and delivered. About 48 per cent of the remaining resources have not yet been proven.
All you need to know about the resource accounts as of 31 December 2019.
Updated: 28/07/2020
Latest news
Production figures December 2024
21/01/2025
Preliminary production figures for December 2024 show an average daily production of 2 017 000 barrels of oil, NGL and condensate.
Drilling permit for wellbore 35/6-6
21/01/2025
The Norwegian Offshore Directorate has granted OMV (Norge) AS drilling permit for wellbore 35/6-6 in production licence 1109, cf. Section 13 of the Resource Management Regulations.
Gas discovery in the Barents Sea (7122/9-2)
17/01/2025
Vår Energi ASA and its partners found gas in the “Elgol” prospect; however, preliminary estimates indicate that the discovery is not profitable given current price assumptions.
20 companies offered ownership interests
14/01/2025
In the 2024 awards in pre-defined areas (APA), 20 companies have been offered ownership interests in a total of 53 production licences on the Norwegian continental shelf (NCS).
Dry well in the North Sea (24/12-8 S)
14/01/2025
Aker BP and its partner Concedo drilled the dry well 24/12-8 S near the Bøyla field in the North Sea.
Record-high gas production in 2024
09/01/2025
The Norwegian Offshore Directorate's summary of activity on the Norwegian continental shelf in 2024 shows that gas production is higher than ever.
Drilling permit for wellbore 35/10-15 S
08/01/2025
The Norwegian Offshore Directorate has granted DNO Norge AS drilling permit for wellbore 35/10-15 S in production licence 1182 S, cf. Section 13 of the Resource Management Regulations.
Drilling permit for wellbore 6507/2-8
08/01/2025
The Norwegian Offshore Directorate has granted Aker BP ASA drilling permit for wellbore 6507/2-8 in production licence 942, cf. Section 13 of the Resource Management Regulations.
Dry wells in the North Sea (35/10-14 S and A)
23/12/2024
Equinor and its partners have drilled two dry wells (“Kvernbit/Mimung”) in the North Sea.
Drilling permit for wellbore 7/1-3
23/12/2024
The Norwegian Offshore Directorate has granted Vår Energi ASA drilling permit for wellbore7/1-3 in production licence 1090, cf. Section 13 of the Resource Management Regulations.