The resource accounts for 2019 are now available

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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

Dry well in the Norwegian Sea (6507/2-8)
27/03/2025 Aker BP ASA and its partners have completed drilling on the “Kongeørn” prospect in the Norwegian Sea, 240 kilometres west of Sandnessjøen.
Drilling permit for wellbore 25/11-30 S
27/03/2025 The Norwegian Offshore Directorate has granted Equinor Energy AS drilling permit for wellbore 25/11-30 S in production licence 169, cf. Section 13 of the Resource Management Regulations.
Dry well in the North Sea (35/6-6)
26/03/2025 OMV and its partners have drilled a dry well on the “Horatio” prospect in the North Sea.
Production figures Febuary 2025
20/03/2025 Preliminary production figures for February 2025 show an average daily production of 1 938 000 barrels of oil, NGL and condensate.
Drilling permit for wellbore 9/6-1
18/03/2025 The Norwegian Offshore Directorate has granted Harbour Energy Norge AS drilling permit for wellbore 9/6-1 in production licence EXL006, cf. Section 13 of the Resource Management Regulations.
Drilling permit for wellbore 6405/7-4
17/03/2025 The Norwegian Offshore Directorate has granted Aker BP ASA drilling permit for wellbore 6405/7-4 in production licence 1005, cf. Section 13 of the Resource Management Regulations.
Drilling permit for the wells 34/6-8 S and 34/6-8 A
11/03/2025 The Norwegian Offshore Directorate has granted Equinor Energy AS drilling permit for the wells 34/6-8 S and 34/6-8 A in production licence 554, cf. Section 13 of the Resource Management Regulations.
Announcement of acreage for CO2 storage on the Norwegian Continental Shelf
05/03/2025 On 5th of March 2025, the Ministry of Energy announced one area for CO2 storage pursuant to the CO2 Storage Regulations. This area comprises defined blocks in the North Sea.
Gas/condensate discovery in the Norwegian Sea (6406/6-7 S)
05/03/2025 Equinor and its partners have proven gas/condensate in the “Mistral Sør” prospect.
Dry well in the North Sea (7/1-4 S)
04/03/2025 Vår Energi and its partners have drilled a dry well on the “Kokopelli” prospect, south of the Sleipner area.