Article | Last updated: 2016-04-21 | Ministry of Petroleum and Energy
In the 50 years since Norwegian petroleum activities began, about 47 % of the estimated total recoverable resources on the continental shelf have been produced and sold from at total of 100 fields.
The largest single project on the Norwegian shelf is the development of the Johan Sverdrup field, which is located on the Utsira High in the North Sea. This is the fifth largest oil discovery ever made on the Norwegian shelf, and it is expected that around 2025, the field will account for about 25 % of Norwegian oil production.
At year end 2015, 82 fields were in production, and with large remaining resources, it is expected that the level of activity on the Norwegian shelf will continue to be high for the next 50 years as well.
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