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Norway's Resource Accounts for the Norwegian continental shelf in 2022 show good growth in reserves

The Resource Accounts for the Norwegian continental shelf in 2022 show good growth in reserves and good maturing of resources in fields and discoveries. Total resources have declined slightly. ....

Resource Accounts , E Ampp News , Il And Gas Exploration , Xploration And Production , Nergy Pedia , Eological And Geophysical , Lternative Energy , Eavy Oil , Il And Gas Condensate , Icence Round , Il And Gas Ministry , Oil Companies ,

Norway: Resource Accounts for 2021: Increase in proven resources and good growth in reserves

The Resource Accounts for the Norwegian continental shelf 2021 were presented Feb 22. The Accounts show that more oil and gas was proven than in the previous year, and that nearly two-thirds of these reserves were gas. ....

Norwegian Sea , Oceans General , Resource Accountsfor , Barents Sea South , Resource Accounts , E Ampp News , Il And Gas Exploration , Xploration And Production , Nergy Pedia , Eological And Geophysical , Lternative Energy , Eavy Oil , Il And Gas Condensate , Icence Round , Il And Gas Ministry , Oil Companies ,

Norway: Plenty of oil and gas left on the Norwegian shelf


Norway: Plenty of oil and gas left on the Norwegian shelf
17 Feb 2021
Resource Accounts, the
Norwegian Petroleum Directorate projects that there are 8 billion standard cubic metres of oil equivalent (Sm3 o.e.) left to produce on the Norwegian continental shelf (NCS).
This corresponds to around 19 times the volume that will be produced from the Johan Sverdrup field in the North Sea.
The Resource Accounts are an overview of the NPD’s estimated total proven and unproven petroleum resources on the NCS.
Of the remaining resources on the NCS, 4.2 billion Sm3 o.e, or 52 per cent, are proven. Unproven resources are estimated at 3.8 billion Sm3 o.e. ....

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