Norway oil, gas resources 13 bln cubic metres-NPD

Fri Mar 7, 2008 8:36am EST
 
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OSLO, March 7 (Reuters) - Norway's total recoverable oil and gas resources were 13 billion cubic metres of oil equivalents at the end of 2007, little changed from a year earlier, the Norwegian Petroleum Directorate (NPD) said on Friday.

The figure for the end of 2007 includes both produced and remaining resources, ranging from proven to projected finds of oil and gas.

Resources left to be produced totalled about 8.4 billion cubic metres, also little changed from a year earlier, the state-run NPD said in a report. It said 56 discoveries were still to approved for development.

 

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