Sokkeldirektoratet

The Shelf

Each year, in January, the Norwegian Offshore Directorate presents The Shelf – a summary of the past year; including results from exploration and production activity, along with investment and production forecasts for the next five years.

The Shelf in 2025

The exploration result in 2025 was among the best in several years. Having said that, continued investments in exploration and development of discoveries and fields will be needed to offset the anticipated decline in production. 


The Shelf in 2024

Gas production is higher than ever. If we are to delay the anticipated decline in production, exploration and investments are required.

The Shelf in 2023

Robust activity and major investments.

The Shelf in 2022

Only rarely have we seen so much oil and gas produced on the Norwegian shelf as was the case last year – and only rarely have we seen such significant investment decisions.


The Shelf in 2021 – record-high revenues from the Norwegian shelf

The combination of high production of oil and gas from a total of 94 fields, significant demand and high commodity prices led to a historically high level on the State's revenues from petroleum. Much of this is due to record-high gas prices.


The Shelf in 2020 – high activity and significant investments

Activity on the Norwegian continental shelf last year remained at a high level, despite the ongoing pandemic. The year has been characterised by high production and significant investments in developments and projects on the fields.


The Shelf in 2019 – a good year overall

Activity on the shelf was high in 2019. There are considerable resources in fields and discoveries, and more yet to be discovered in all sea areas. A record number of fields are producing.

 

Updated: 1/31/2025

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