Oljedirektoratet

Adjustment of area fee rates

sokkeldirektoratet-14-1920

07/11/2023 The area fee rates in Section 39 (1) of the Petroleum Regulations will be adjusted starting from 1 January 2024.

The basis for this adjustment is changes in Statistics Norway’s (SSB’s) consumer price index

The new rates are as follows:

After expiry of the period stipulated pursuant to the first sentence of Section 3-9 (1), the area fee shall be as follows: For the first year, the fee is NOK 45 000 per km², for the second year, the fee is NOK 90 000 per km², and the fee is NOK 181 000 per km² per year for subsequent years.

Reference is made to Regulation No. 1642 of 16 October 2023 relating to amendment of Regulations relating to the Petroleum Activities (FOR-2023-10-16-1642) (Norwegian only)

Updated: 10/11/2023

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