Remember me | Forgot password
For full content view: Log in Now!
Proponents of the Peak Oil theory often point to Norway as evidence of an oil province, whose output at first soars in the 1980s and 1990s, then peaks in 2001, and subsequently declines by 40% until 2011. This is taken as proof that the asymmetrical curve identified by Marion King Hubbert has a general validity, and output decline is inevitable. From that perspective, Norway’s performance in 2011 is astounding. Several finds in different parts of the Norwegian Continental Shelf (NCS), plus upward revisions of producing assets, added up to a reserve replacement rate of 117% for petroleum (oil and natural gas). The bulk of the resource growth is in the giant Johan Sverdrup field, estimated to contain between 1.7 billion and 3.3 billion boe of gross recoverable resources.
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Denver, CO - December 11-13
Doha - January 20-22
Cancun - January 27-29
All material subject to strictly enforced copyright laws.
© 2013 World Oil. © 2013 Gulf Publishing Company.