Since the start, more than 100 fields have produced oil and gas on the Norwegian shelf. Today, about 80 fields are in production.
There are currently about 80 discoveries that could be, or are being, considered for development. Most of them are small and will be developed as satellites to established fields.
The government’s total net cash flow from petroleum activities in 2015. This includes taxes, fees, dividend and SDFI.
Norway produced about 1.45 bboe or 231 mill. Sm3 o.e. in 2016. This is one per cent more than in 2015. About half of the volume is natural gas.
The export value of crude oil and natural gas in 2015 was about NOK 450 billion, or approximately 40% of the total value of Norway’s exports.
Investments in the petroleum sector accounted for about ¼ of total investments in productive capital in Norway in 2015.
Total petroleum resources are estimated to 14.3 billion Sm3 o.e. Only 48 per cent of this has been produced, sold and delivered.
The total length of the Norwegian gas pipeline network is about 8 300 kilometres, which is roughly the distance from Oslo to Houston.