Full development agenda takes shape for projects off Norway

Journal Article · Mon Aug 17 04:00:00 EDT 1992 · Oil and Gas Journal; (United States)

OSTI ID:7180299

This paper reports that Norway has a broad menu of development projects approved by the government or under review. Figures released by the Norwegian Petroleum Directorate (NPD) show that oil and gas reserves totaling 1.3187 billion metric tons lie in fields approved for development on the Norwegian continental shelf. Another 1.0794 million tons of oil equivalent reserves lie in discoveries currently under evaluation. These figures compare with initial reserves in producing fields estimated at 2.0648 tons of oil equivalent, roughly half of which have been recovered. At present rates of depletion, this gives Norway enough reserves for 17 years of oil production and 111 years of gas production. NPD has approved 12 fields that are in various stages of development.

• OSTI ID: 7180299
• Journal Information: Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 90:33; ISSN OIGJA; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
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03 NATURAL GAS
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29 ENERGY PLANNING, POLICY, AND ECONOMY
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DEVELOPED COUNTRIES
DOCUMENT TYPES
ENERGY SOURCES
EUROPE
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GOVERNMENT POLICIES
INDUSTRY
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NORWAY
PETROLEUM
PETROLEUM INDUSTRY
PLANNING
RESOURCE ASSESSMENT
RESOURCE DEVELOPMENT
REVIEWS
SCANDINAVIA