Norway's undeveloped resources: The US$106 billion prize

In Norway, there are 10 billion barrels of discovered oil equivalent (boe) yet to be developed and we believe that 60% of these resources have the potential to be commercialised.

Using GEM, our Global Economic Model, and its unique methodology for valuing commercial and technical reserves, we've calculated that the conversion of these discoveries could be worth US$22 billion to companies while the government stands to gain US$84 billion from taxes alone.

Here James Webb, one of our expert upstream analysts, explains our in-depth analysis of the Norway's undeveloped resources.

* A transcript of the video is available to download.

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10 billion barrels: Norway's undeveloped resources [Subscription required]
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