Vår Energi partners with Halliburton to reach production growth target

Vår Energi has formed a long-term partnership with Halliburton for drilling services related to the operator’s exploration and production drilling across the Norwegian Continental Shelf.

The contract has a duration of 5 years with options for an additional 4 years in total.

The partnership is expected to help Vår Energi reach its end-2025 target of a more than 50% increase in production from today’s level.

Vår Energi’s activities span the entire NCS with a portfolio of 158 licenses and 39 producing fields. Drilling activities are focused around four hubs in the Balder/Grane area, the North Sea, the Norwegian Sea, and the Barents Sea.