Around 1.4 million of these barrels will come from the Norwegian shelf. The Norwegian shelf has a substantial potential and continues to provide excellent opportunities for long-term value creation. The shelf is an attractive and internationally competitive area for future oil and gas production. The Skrugard and Johan Sverdrup field developments have led to renewed optimism on the Norwegian shelf. The discoveries confirm the long-term perspective on the NCS, which continues to provide a number of opportunities from both producing fields and new areas.