16/07/2024
We look forward to welcoming you to a seminar on the topic of exploration in the Barents Sea, to be held on 23-24 October 2024 at our offices in Stavanger. The seminar will include presentations by the Ministry of Energy, the Norwegian Offshore Directorate, licensees and suppliers.
The objective of the event is to highlight challenges and opportunities associated with exploration in the Barents Sea and to stimulate increased exploration activity in the area.
The primary target group for the seminar consists of employees in the resource authorities, licensees and suppliers on the Norwegian continental shelf.
“There are significant opportunities to prove more resources in the Barents Sea. Large parts of this sea area is still fairly frontier acreage, which means that companies may have opportunities to find valuable barrels,” says Arne Jacobsen, Assistant director, subsurface and technology.
Challenging exploration
The Norwegian Offshore Directorate’s analyses indicate substantial remaining resources in the Barents Sea, but exploration in the Barents Sea is challenging. The geological history with considerable erosion and uplift of extensive areas has resulted in leakage from a number of structures that were previously filled with hydrocarbons.
This fact has led to many disappointments in the more than 40-year exploration history in the Barents Sea. Despite this, several discoveries have been made of commercial volumes that are currently being produced, and there are definitely chances of finding more.
More information and registration for the seminar
Updated: 16/07/2024
Latest news
17/01/2025
Vår Energi ASA and its partners found gas in the “Elgol” prospect; however, preliminary estimates indicate that the discovery is not profitable given current price assumptions.
14/01/2025
In the 2024 awards in pre-defined areas (APA), 20 companies have been offered ownership interests in a total of 53 production licences on the Norwegian continental shelf (NCS).
09/01/2025
The Norwegian Offshore Directorate’s summary of activity on the Norwegian continental shelf in 2024 shows that gas production is higher than ever.
08/01/2025
The Norwegian Offshore Directorate has granted DNO Norge AS drilling permit for wellbore 35/10-15 S in production licence 1182 S, cf. Section 13 of the Resource Management Regulations.
08/01/2025
The Norwegian Offshore Directorate has granted Aker BP ASA drilling permit for wellbore 6507/2-8 in production licence 942, cf. Section 13 of the Resource Management Regulations.
23/12/2024
The Norwegian Offshore Directorate has granted Vår Energi ASA drilling permit for wellbore7/1-3 in production licence 1090, cf. Section 13 of the Resource Management Regulations.
20/12/2024
Preliminary production figures for November 2024 show an average daily production of 1 975 000 barrels of oil, NGL and condensate.
