Exploration

New discoveries of hydrocarbon reserves are of great national and international economic importance to fulfil rising global energy demand and to maintain production levels. This is particularly the case on the Norwegian Continental Shelf (NCS), where the average time from award of exploration licence to field development traditionally is plus minus 10 years - It is clear that a significant exploration effort on the NCS is needed to maintain national production levels before existing producing fields are decommissioned. The ultimate goal of the VISTA-exploration programme is to provide new knowledge and technology that will reduce the economic risk related to exploration of petroleum, both on the NCS and globally. 

For an overview of completed projects, please contact VISTA.