Fact box – Goal of reserve growth

To encourage the companies to devote greater efforts to increasing reserves, the NPD launched a goal in 2014 of raising these by 1 200 million scm in 2014-23.

Annual reserve growth is recorded for discoveries and fields, and the reserves are amended as knowledge about the reservoirs improves and new projects are sanctioned.
Growth is the change from the resource accounts for the year before. Figure 2.24 presents the status at 31 December 2021. The coloured areas in the figure show total reserve growth since 31 December 2014, while the lines show the plans taken into account and the route towards meeting the target.

Figure 2.24 Reserve growth goal 2014-23.