This statistic shows the oil reserves in Norway from 1990 to 2018. In 1990, Norway's oil reserves amounted to around one billion metric tons and reached 1.1 billion metric tons at the end of 2018. The oil industry in Norway is important for the country's economy, with a strong focus on its oil exports.
Norway's oil reserves from 1990 to 2018
(in billion metric tons)
Total proved reserves of oil: generally taken to be those quantities that geological and engineering information indicates with reasonable certainty can be recovered in the future from known reservoirs under existing economic and operating conditions.
Reserves include gas condensate and natural gas liquids (NGLs) as well as crude oil.
The figures through 2009 are taken from the Exxon report “Oeldorado 2009”. Figures from 2010 to 2016 are taken from previous editions of BP's statistical reviews.
For clarity purposes, the figures have been rounded.
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BP. (June 11, 2019). Norway's oil reserves from 1990 to 2018 (in billion metric tons) [Graph]. In Statista. Retrieved February 26, 2020, from https://www.statista.com/statistics/264421/oil-reserves-in-norway-since-1990/
BP. "Norway's oil reserves from 1990 to 2018 (in billion metric tons)." Chart. June 11, 2019. Statista. Accessed February 26, 2020. https://www.statista.com/statistics/264421/oil-reserves-in-norway-since-1990/
BP. (2019). Norway's oil reserves from 1990 to 2018 (in billion metric tons). Statista. Statista Inc.. Accessed: February 26, 2020. https://www.statista.com/statistics/264421/oil-reserves-in-norway-since-1990/
BP. "Norway's Oil Reserves from 1990 to 2018 (in Billion Metric Tons)." Statista, Statista Inc., 11 Jun 2019, https://www.statista.com/statistics/264421/oil-reserves-in-norway-since-1990/
BP, Norway's oil reserves from 1990 to 2018 (in billion metric tons) Statista, https://www.statista.com/statistics/264421/oil-reserves-in-norway-since-1990/ (last visited February 26, 2020)
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