Glossary
Energy calculator
Since the start, more than 100 fields have produced oil and gas on the Norwegian shelf. At year-end 2018, 83 fields were in production.
At year-end 2018, about 85 discoveries were being considered for development. Most of them are small and will be developed as satellites to established fields.
The government’s estimated total net cash flow from petroleum activities in 2019. This includes taxes, fees, dividend and SDFI.
Norway's production was about 227 mill. Sm3 o.e. in 2018. About half of the volume is natural gas.
The export value of crude oil, natural gas and condensate in 2018. This equals 53 per cent of the total value of Norway’s exports of goods.
Investments in the petroleum sector accounted for about 1/5 of total investments in productive capital in Norway in 2019.
Total petroleum resources are estimated to 15.6 billion Sm3 o.e. Only 47 per cent of this has been produced, sold and delivered.
The total length of the Norwegian gas pipeline network is about 8 800 kilometres, which is roughly the distance from Oslo to Bangkok.
Total employment in the petroleum sector in 2017 was about 170 200 people. This corresponds to about 6% of total employment in Norway.
