Vår Energi has reserves and resources of more than 1,250 million barrels of oil equivalent (Mboe) on the Norwegian continental shelf (NCS). One of our highest priorities is the replacement of resources and reserves, which forms the basis for future growth of business. All opportunities are taken through our internal quality assurance review systems and the highest-ranking candidates naturally receive priority funding from a robust financial platform.
Vår Energi has working interests in many of the key discoveries made on the Norwegian continental shelf (NCS) in recent years. These are subject to ongoing maturation for potential development. The discoveries are at various stages in the planning process and several are expected to be in production within two to three years.
A full overview of Vår Energi’s portfolio is available in our interactive License map.