Equinor — Upstream Portfolio — oil & natural gas project
Data compiled from public filings — information only, not investment advice. AI‑assisted; see methodology.
Project information
As at 31 December 2025
Description
As at 31 December 2025
Equinor's consolidated upstream business across E&P Norway, E&P International, and E&P USA, with around two-thirds of equity production from the Norwegian Continental Shelf. Record equity production of 2,137 thousand boe/d was delivered in 2025. Proved reserves are presented on an entitlement (SEC) basis; expected reserves on an equity basis. Production cost was USD 6.6/boe (equity) and USD 7.0/boe (entitlement); the 2025 reserves replacement ratio was 48%.
Portfolio Aggregate
Multiple effective dates · 1P
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Reserves & resources — detail
As at 31 December 2025
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