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Shale & Fracking Tracker

Norway

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In 2011, the U.S. Energy Information Administration (EIA) estimated Norway’s technically recoverable shale gas reserves to be approximately 83 trillion cubic feet (tcf). However, by 2013, EIA’s estimate had decreased from 83 tcf to zero due to results obtained from three wells drilled in the Alum Shale by Shell Oil Company in 2011. The same EIA report noted that there may be a modest volume of shale gas in the Oslo Graben of Norway, but that data was insufficient to make a reliable estimate. 

Norway’s shale gas potential exists predominantly in the Alum Shale, depicted in the following map:

NewNorwayMap

Source: U.S. Energy Information Administration: Technically Recoverable Shale Oil and Shale Gas Resources: An Assessment of 137 Shale Formations in 41 Countries Outside the United States (June 2013): http://www.eia.gov/analysis/studies/worldshalegas/pdf/fullreport.pdf

Norway has a well-developed offshore oil and gas industry. As of January 1, 2015, Norway had approximately 72 tcf in proved natural gas reserves. Norway produced approximately 3.8 tcf of natural gas in 2014, of which approximately 95% was exported, accounting for of total gas production. As a result, Norway is not dependent on developing any shale gas reserves, and it is deemed that any extraction of shale gas will not be economically viable in the foreseeable future.

Statutory and Regulatory Framework

The development of oil and gas resources onshore in Norway is generally governed by Act No. 21 of May 4, 1973 on Exploration and Exploitation of Onshore Petroleum Resources (Act No. 21).  Act No. 21 provides that the right to “petroleum” under the surface of Norwegian soil, and such part of the seabed subject to private land rights, lies with the Norwegian state. In this regard, “petroleum” includes mineral oils, related hydrocarbons and gases, which exist in natural form under the soil.  The King of Norway can grant Norwegian and foreign companies the right to explore and produce shale gas. Act No. 21 further provides that the King can make additional rules for the exploration and production of shale gas. However, no such rules have been enacted in connection with the exploration and production of petroleum onshore to date.

In October 2010, the Norwegian Petroleum Directorate reported that it would not be economically viable to develop shale oil and gas in Norway for the foreseeable future. Reasons included the thickness and formation process of the shale itself, as well as the high costs distributed to onshore service companies in the region.

Last updated September 2016.

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