NOD reports 2025’s exploration result was among the best in several years

08 Jan NOD reports 2025’s exploration result was among the best in several years

(Oilandgaspress) Norwegian Offshore Directorate’s summary of activity on the Norwegian continental shelf (NCS) in 2025. Last year was the second-best exploration year in ten years –surpassed only by 2021. Many discoveries were made, some of which were significant. Several discoveries are the result of applying advanced new technology. Among other things, more than ten kilometres of wellbores have been drilled.  

Both production and investments were very high in 2025. Oil production (106 million standard cubic metres is the highest since 2009. Production from the NCS is nearly equally distributed between oil and gas.  A total of 120 billion standard cubic metres was sold, which represents a minor reduction from the record-breaking year of 2024.  

There is significant interest in secure storage of CO₂ on the NCS. 2025 saw the establishment of the world’s first full-scale value chain for carbon capture and storage. The Norwegian Offshore Directorate also mapped mineral resources and environmental conditions in the relevant areas. 

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