Exploration on the Norwegian shelf is up

Jan. 16, 2008
The Norwegian Petroleum Directorate has released its 2007 report on activity in the Norwegian Shelf.

Offshore staff

STAVANGER, Norway -- The Norwegian Petroleum Directorate has released its 2007 report on activity in the Norwegian Shelf. According to the report, 32 exploration wells were spudded in 2007, up from 26 in 2006. Twelve new discoveries were made, most of which appear to be fairly small.

Also included in the report:

•A total of 237.8 MMcm/d marketable oil equivalents were produced in 2007
•Four new fields began production: Blane, Enoch, Ormen Lange, and Snøhvit
•Three fields are expected to start producing in 2008: Alvheim, Vilje, and Volve
•Eight plans for development and operation (PDO) were approved for nine new deposits
•A total of 13 new companies were pre-qualified as licensees or operators on the Norwegian shelf in 2007
•14 companies are currently being considered
•32 exploration wells were spudded in 2007, of which 20 were wildcat wells and 12 were appraisal wells
•33 exploration wells were completed
•NPD collected 2,617 km (1,626 mi) of seismic data in the Nordland VII and Troms II areas in 2007. Data acquisition will continue in the summer of 2008.

01/16/2008