Oljedirektoratet

The shelf in 2009 - Petroleum production

15/01/2010 In total, 238.6 million saleable standard cubic metres of oil equivalents (Sm³ o.e.) were produced in 2009. This is 24.6 million Sm³ o.e. less than in the record year 2004. The figure represents a one per cent decline from 2008, but exceeds the production forecast for 2009.

Total production of petroleum in 2010 is expected to be about 236 million Sm³ o.e. Production is then expected to taper off to about 223 million Sm³ o.e. in 2014. During the five-year period up to 2014, a production of 1140 million Sm³ o.e. is expected. In the five-year period 2004-2008, production amounted to about 1225 million Sm³ o.e. The gas percentage of the total petroleum sales is expected to increase from 43 per cent in 2009 to 50 per cent in 2014.


Figure 1. Actual and projected sales of petroleum 1971 – 2014

 Figure 1. Actual and projected sales of petroleum 1971 – 2014

 

In 2009, 103.5 billion Sm³ gas was sold, 102.7 billion Sm3 40 MJ gas. This is an increase of 4.3 billion Sm3 compared with 2008 (+4 per cent). Gas sales are expected to continue to rise in the coming years.

 

Figure 2. Actual and projected gas sales up to 2014.

Figure 2. Actual and projected gas sales up to 2014.


The production of oil in 2009 will probably end up at 115.5 million Sm³ (1.99 Mbbls per day) compared to 122.7 million Sm3 (2.11 Mbbls per day) in the preceding year. 58 fields contributed to oil production in 2009, in addition to a discovery which is undergoing test production. Continued focus on drilling of new development wells and other actions to improve recovery are important for the oil production on the Norwegian shelf.

The oil production in 2009 will likely be 4 per cent higher than the estimates prepared by the Norwegian Petroleum Directorate in the autumn of 2008.

The Norwegian Petroleum Directorate prepares forecasts with a confidence interval of 80 per cent. This means that there is a 10 per cent likelihood of the production being lower than the lowest estimate and a 10 per cent likelihood that the production will be higher than the highest estimate.

For 2010, the Norwegian Petroleum Directorate predicts that oil production will be somewhat lower than in 2008, 108.7 million Sm³ (1.87 Mbbls per day). The uncertainty in 2010 is estimated at +/- 13 per cent. The uncertainty is in particular related to the reservoirs' ability to deliver, drilling of new development wells and the regularity of the fields in operation.

For 2010, forecasts for production of condensate and NGL have also been prepared, 4.2 million Sm³ and 8.9 million tonnes, respectively. Total liquid production has therefore been estimated at 129.9 million Sm3 o.e. (2.24 Mbbls o.e. per day).

The table below shows forecasts for production distributed over the various products for the next five years.


 

2010

2011

2012

2013

2014

Olje / Oil
(million Sm3)

108,7

100,1

97,6

93,0

91,6

NGL / NGL
(million Sm3 o.e.)

16,9

17,1

17,0

16,3

16,1

Kondensat / Condensate
(million Sm3)

4,2

4,0

3,8

3,3

3,5

Væske / Liquid
(million Sm3 o.e.)

129,9

121,2

118,4

112,6

111,1

Væske / Liquid
(million bbls o.e. per day)

2,2

2,1

2,0

1,9

1,9

Gass / Gas
(billion Sm3)

105,0

109,0

112,0

112,0

112,2


 

 

Figure 3. Uncertainty of future oil production.

Figure 3. Uncertainty of future oil production.

 

During the period 2010-2014, oil production is expected to fall compared with the preceding five-year period, i.e. an estimated total production of 491million Sm³ oil. This is 160 million Sm³ less than in the previous five-year period. 99 per cent of the oil production during the period is expected to come from fields in operation or from fields which have been approved for development. This includes measures to improve recovery from the same fields. Production which has been approved will account for 91 per cent.

 

Figure 4. Oil production from 2005 to 2014 distributed by maturity.

Figure 4. Oil production from 2005 to 2014 distributed by maturity.

Updated: 14/01/2010

Latest news

Well for data acquisition on Wisting
22/04/2024 Equinor has completed an appraisal well (7324/7-4) on the Wisting discovery in the Barents Sea. The objective was to acquire data on the reservoir and cap rock, for use in ongoing evaluation and development of the discovery.
Production figures March 2024
19/04/2024 Preliminary production figures for March 2024 show an average daily production of 2 086 000 barrels of oil, NGL and condensate.
Norwegian Offshore Directorate publishes new deep sea data
17/04/2024 In June 2022, the Norwegian Offshore Directorate published data collected up to 2022. The Directorate is now releasing deep sea data gathered from 2022 to 2024.
The future in the Barents Sea is here now
17/04/2024 The Johan Castberg ship will soon be heading north. With the ship in place, the plan is to have three producing fields in the Barents Sea by the end of the year.
Oil discovery in the North Sea
17/04/2024 Vår Energi has made an oil discovery in "Ringhorne Nord" (wells 25/8-23 S and 25/8-23 A & B), north of the Ringhorne Øst field, 200 kilometres northwest of Stavanger.
Entering into cooperation with Greenland and Denmark on seabed minerals
15/04/2024 This cooperation involves an MoU – Memorandum of Understanding – with the aim of acquiring additional knowledge on seabed minerals.
Drilling permit for well 35/11-27 S
03/04/2024 The Norwegian Offshore Directorate has granted Wintershall Dea Norge AS drilling permit for well 35/11-27 S in production licence 248, cf. Section 13 of the Resource Management Regulations.
Seabed minerals – step by step
26/03/2024 Seabed minerals represent a new and exciting opportunity for Norway, and a chance for us to be a pioneer nation – much like we have been within the oil and gas industry, both as regards stewardship of resources and development of technology.
Drilling permit for well 24/6-5
25/03/2024 The Norwegian Offshore Directorate has granted Aker BP ASA drilling permit for well 24/6-5 in production licence 203, cf. Section 13 of the Resource Management Regulations.
Sign up for Technology Day 2024
22/03/2024 Now, a very exciting program with lectures from a variety of companies is ready for Technology Day on June 6th.