Recoverable Reserves

Recoverable Reserves On The NCS Cross The 14 Billion scm Mark

The Norwegian Petroleum Directorate (NPD) recently released a summary of its resource accounts at the end of 2013 and revealed that the total original recoverable reserves in the Norwegian Continental Shelf (NCS) have touched 14.2 billion cubic meters (scm) in 2013. Of this total, remaining reserves made up 3.17 billion scm while a large chunk of these reserves (nearly 44%) has already been extracted from the NCS . . .

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