A decline rate study of Norwegian oil production |
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| Authors: | Mikael Hö ö k,Kjell Aleklett |
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| Affiliation: | Department of Physics and Astronomy, Uppsala University, Global Energy Systems, Box 535, SE-751 21, Lägerhyddsvägen 1, Sweden |
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| Abstract: | Norway has been a very important oil exporter for the world and an important supplier for Europe. Oil was first discovered in the North Sea in late 1960s and the rapid expansion of Norwegian oil production lead to the low oil prices in the beginning of the 1990s. In 2001, Norway reached its peak production and began to decline. |
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| Keywords: | Future Norwegian oil production Peak oil Decline rate |
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