The Norwegian Petroleum Directorate is releasing prognosis and result data from wildcat wells from the period between 1990 and 2000.
The Norwegian Petroleum Directorate is releasing prognosis and result data from wildcat wells from the period between 1990 and 2000. Such data will be regularly made available via the FactPages on npd.no.
This is in keeping with the NPD’s philosophy that as much data as possible should be available to everyone, and that competition between companies is a matter of who makes best use of the data.
In 1996, the NPD initiated the industry project Evaluation of Norwegian Wildcat Wells. One of the objectives was to compare the prospect parameters and resource size in the operator’s forecast with the result after drilling. Another goal was to assess why exploration wells that did not yield discoveries were dry.
The project included wildcat wells drilled during the period 1990 to 1997, when the dataset showed that there was a general tendency to overestimate volumes before drilling.
After the studies, a decision was made to make the reporting of such data a permanent arrangement; licensees must report the forecast for and result of wildcat wells six months after drilling.
Data more than 20 years old can be released. The file with enclosed data sets will be updated every year and will next be updated in the first quarter of 2022.
