Norwegian petroleum resources with focus on challenges and opportunities in the Barents Sea

Conference · Sun Dec 31 04:00:00 EST 1995

OSTI ID:256983

Aamodt, F R ^[1]

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1. Norwegian Petroleum Directorate, Stavanger (Norway). Exploration Branch

The Norwegian Continental Shelf can be subdivided into 3 different petroleum provinces: (1) the North Sea, (2) the Norwegian Sea including the Jan Mayen ridge, and (3) the Barents Sea including the islands of Svalbard. The majority of the fields and discoveries and most of the resources are located in the mature North Sea Basin. Significant resources are however also discovered in the Norwegian Sea and the Barents Sea. 39 fields are in production or decided to be developed while 3 fields are closed down. Approximately 70% of the discovered resources are located in these fields, of which some are gigantic in size (Statfjord, Ekofisk, Gullfaks, Oseberg, Troll and Snorre). Most of the remaining discoveries (134) are smaller in size and approximately 2/3 of the resources are gas. According to a recent study carried out by the Norwegian Petroleum Directorate the expected undiscovered Norwegian Petroleum Resources are assessed to be on the order of 3,5 billion Sm{sup 3} o.e. with a level of uncertainty ranging from 2 to 6 billion Sm{sup 3} o.e. 40% of the undiscovered petroleum resources are expected to be found as oil. These are the perspectives of the Norwegian Petroleum Resources. The resources of the Barents Sea is included in this perspective. The significance of the Barents Sea resources is not particularly important in the short-medium term perspective, but will be important in the longer perspective.

• OSTI ID: 256983
• Report Number(s): CONF-950604--; ISBN 1-880653-17-6
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
03 NATURAL GAS
HISTORICAL ASPECTS
NATURAL GAS
NATURAL GAS DEPOSITS
NORWAY
PETROLEUM
PETROLEUM DEPOSITS
PETROLEUM GEOLOGY
RESERVES
RESOURCE DEVELOPMENT