22 May '12, 8am

Norwegian Actual and Forecast Natural Gas Production towards 2020

In this post I present a little about developments in actual natural gas production from the Norwegian Continental Shelf (NCS) and a forecast towards 2020. I will also talk about where gas from the NCS is reported as being sold and give a closer look at what estimated recoverable natural gas reserves and the Reserves over Production ratio (R/P) as of end 2011 may suggest for the future production of natural gas from the NCS. Finally, I will talk a little about the likely impact from present plans for developments of natural gas discoveries in the Norwegian Sea. Figure 01: The figure above shows the development of actual Norwegian gas production by field between 1996 and 2011 as reported by the Norwegian Petroleum Directorate (NPD). The figure also shows a forecast (developed by the author) on the potential of deliveries for the years 2012 to 2020. The forecast includes all...

Full article: http://www.theoildrum.com/node/9194

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