In 2011 the company’s net production from its participating interests totalled 47.8 million barrels of oil equivalents.
Oil, condensate and NGL made up 61% of total production.
Eni Norge recorded additions to proven reserves in 2011 of 99 MBOE, mainly derived from the following project sanctions: Midgard Subsea Compression, Ekofisk South, Eldfisk Phase II and Skuld (Dompap & Fossekall fields).
At year-end, Eni Norge’s total proven reserves corresponded to 469.4 MBOE, representing an increase of 12 per cent on the previous year, and a 2011 Reserves Replacement Ratio of 200%. The estimated value of probable reserves corresponds to a total of 300 MBOE, with volumes in the “possible” and “contingent” reserves categories amounting to 214 MBOE.