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Norway oil and gas production: review of 2013; outlook for 2014

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Report summary

Liquids production in Norway will remain flat over the next five years having been in decline since 2001. In 2013 the decline slowed to 4% the lowest rate since 2008. Gas production in 2013 was 10.5 bcf/d; down 5% compared with 2012. It is expected to increase 9% by 2018 but this will depend on the delivery of key projects on time. A number of these are facing uncertainty due to the impact of the 2013 tax change on already marginal projects.

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This report includes 6 images and tables including:

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  • Norway oil and gas production: review of 2013; outlook for 2014: Image 1
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Tables

  • Norway oil and gas production: review of 2013; outlook for 2014: Table 1

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