Norway Oil

6,912,490,000barrels
0.39%
of world reserves
at current production
2,051,848b/d+2.2% YoY
238,978b/d+2% YoY
Daily Surplus (2025)
+1,812,869b/d

Consumption uses 11.6% of production.

Production
Consumption
Surplus

Oil Reserves in Norway

  • Norway has proven oil reserves of 6,912,490,000 barrels (as reported in 2025) (#20 in the world), representing 0.39% of the world's total.
  • As of 2025 production rates, Norway has roughly 10 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).

Oil Production in Norway

  • Norway produced 2,051,848 barrels per day of oil and petroleum liquids in 2025 (#12 in the world), an increase of 2.2% from 2,006,874 barrels per day in 2024.
  • Of that, 1,858,464 barrels per day was crude oil in 2025.
  • And 187,034 barrels per day was natural gas plant liquids (NGPL) in 2025.

Oil Consumption in Norway

  • Norway consumed 238,978 barrels per day of oil and petroleum products in 2025 (#49 in the world), an increase of 2% from 2024. This represents about 0.23% of the world's total oil consumption.
  • Per capita, oil consumption in Norway averaged 1.78 us gallons per day in 2025 (#36 in the world).
  • The largest refined-product categories were Distillate Fuel Oil (39.6%), Other Refined Products (35%), and Liquefied Petroleum Gases (10.8%).

(Historical) Oil Imports & Exports in Norway

EIA has stopped publishing oil trade data. Imports and exports data shown here are historical and may not reflect current trends.

Imports and exports data cover crude oil and lease condensate only, and do not include other petroleum liquids such as natural gas plant liquids (NGPL) or refined products.

oil Balance in Norway

  • In 2025, Norway produced approximately 2,051,848 barrels per day of oil and consumed 238,978 barrels per day , a surplus of 1,812,869 barrels per day.

Norway Oil History (1973-2025)

ReservesProductionConsumptionCrude Oil Trade (Historical)
20256,912,490,000200.39%2,051,848+2.2%121.9%238,978+2%19—1.78———
20247,642,107,000190.43%2,006,874−0.88%121.9%234,336+0.24%510.23%1.76———
20237,572,919,000190.43%2,024,712+6.2%122.0%233,767+4.2%500.23%1.78———
20227,744,543,000190.45%1,906,928−6.1%121.9%224,263+0.9%520.22%1.73———
20218,122,151,000180.47%2,030,848+1.2%112.1%222,268+2.1%510.23%1.73———
2020———2,007,167+15.2%112.1%217,694−7.4%480.24%1.761,5241,493,658−1,432,134
20198,553,226,000170.51%1,742,763−6.2%151.7%235,027−3.1%520.23%1.8562,0451,253,600−1,191,555
20187,717,075,000190.46%1,858,066−5.9%141.8%242,499+2.4%500.24%1.9266,2901,242,501−1,176,211
20176,610,580,000210.40%1,974,960−1.2%142.0%236,890+3.2%530.24%1.8936,2851,354,384−1,318,099
20165,138,767,000220.31%1,999,400+2.4%132.1%229,648−1.2%520.24%1.849,9271,398,362−1,388,435
20155,497,285,000220.33%1,952,357+3.2%142.0%232,395+2.4%510.24%1.8823,7861,311,315−1,287,529
20145,825,000,000210.35%1,892,673+2.7%152.0%226,896−1.6%530.24%1.8524,6541,293,728−1,269,074
20135,366,000,000230.33%1,842,196−4.2%152.0%230,701+1.7%520.25%1.9136,6681,225,681−1,189,013
20125,320,000,000230.35%1,922,146−6.1%152.1%226,874−0.29%540.25%1.927,5671,314,035−1,286,468
20115,670,000,000220.38%2,046,475−4.5%142.3%227,545−2.5%530.25%1.9324,9971,454,717−1,429,720
20106,680,000,000200.49%2,142,166−8.9%142.5%233,323+4.7%540.26%230,4691,599,956−1,569,487
20096,680,000,000200.50%2,351,450−4.6%132.7%222,888−0.21%530.26%1.9420,1511,775,746−1,755,595
20086,865,325,000200.52%2,464,244−3.7%112.8%223,352−6.3%530.26%1.9717,2371,838,453−1,821,216
20077,849,300,000190.59%2,560,182−8%113.0%238,362+4.9%500.27%2.1322,2721,989,113−1,966,841
20067,705,000,000180.60%2,782,335−6.4%103.3%227,200+2.5%510.26%2.057,7542,019,885−2,012,131
20058,500,000,000180.66%2,971,796−6.8%103.5%221,701+1.9%520.26%2.0121,5652,257,865−2,236,300
200410,447,370,000160.83%3,188,237−2.2%83.8%217,503−5.5%540.26%1.9910,0882,504,652−2,494,564
200310,265,000,000150.85%3,261,445−2.1%74.1%230,079+4.5%500.29%2.1211,0652,681,004−2,669,939
20029,447,290,000140.91%3,329,878−2.4%74.3%220,090−0.96%520.28%2.0412,8622,821,721−2,808,859
20019,447,290,000140.92%3,411,347+2.1%74.4%222,219+6.2%510.29%2.0718,8192,978,651−2,959,832
200010,787,024,000131.1%3,339,715+6.7%74.4%209,172−5.6%530.27%1.9618,2032,894,920−2,876,717
199910,912,820,000131.1%3,130,899+0.02%74.2%221,622+0.1%480.29%2.0942,1002,696,007−2,653,907
199810,000,000,000130.98%3,130,168−4.3%84.1%221,397+0.51%490.30%2.141,8172,713,755−2,671,938
199711,000,000,000131.1%3,271,967+1.3%84.4%220,277+0.58%480.30%2.131,4992,833,331−2,801,832
19968,400,000,000130.88%3,230,935+11.4%74.5%219,008+5.2%490.30%2.126,5602,795,667−2,769,107
19959,400,000,000121.0%2,900,432+7.7%84.1%208,159+4%500.30%2.0128,2482,478,521−2,450,273
19949,300,000,000120.99%2,693,122+12.9%93.9%200,118+2.7%510.29%1.9421,2622,259,824−2,238,562
19938,800,000,000130.94%2,384,555+7.2%93.6%194,836+3.4%510.29%1.926,8951,991,737−1,964,842
19927,600,000,000130.81%2,224,183+13.2%93.3%188,503−0.52%510.28%1.8519,8551,841,735−1,821,880
19917,600,000,000150.76%1,964,658+13.8%93.0%189,479−5%460.28%1.8729,9851,630,890−1,600,905
199012,000,000,000121.2%1,726,299+9.6%132.6%199,375+5.1%430.30%1.9729,1571,344,813−1,315,656
198910,000,000,000121.1%1,575,726+30.5%142.4%189,734−3.2%460.29%1.8917,2841,284,500−1,267,216
198815,000,000,000121.7%1,207,003+13.7%151.9%196,093−3.9%440.30%1.9620,076941,165−921,089
198711,000,000,000121.6%1,062,027+16.3%151.7%204,033+1.4%400.32%2.0549,147822,351−773,204
198611,000,000,000131.6%913,019+10.7%161.5%201,244+2.2%400.33%2.0331,721697,141−665,420
19858,300,000,000151.2%824,685+9.5%171.4%196,934+4.6%400.33%1.9924,573623,441−598,868
19847,700,000,000151.2%753,413+22.5%171.3%188,273+14.1%420.31%1.9137,172578,102−540,930
19836,800,000,000161.0%614,795+24.9%171.1%165,000−1.2%440.28%1.6827,784484,340−456,556
19827,600,000,000151.1%492,416+3.8%180.85%167,000−9.7%440.28%1.745,351375,204−329,853
19815,500,000,000160.84%474,477−2.3%180.78%185,000−7.6%410.30%1.957,567370,075−312,508
19805,800,000,000160.90%485,833+20.6%180.76%200,300—400.32%2.0687,051400,719−313,668
1979———403,000+13.2%170.71%————————
1978———356,000+27.1%170.66%————————
1977———280,000+0.36%170.52%————————
1976———279,000+47.6%160.54%————————
1975———189,000+440%170.40%————————
1974———35,000+9.4%210.07%————————
1973———32,000—210.06%————————

See also

Sources