Norway’s Cumulative Oil Production: 54+ Billion Barrels (1971–2023)

From the 1971 Ekofisk startup to January 2023, Norway has produced over 54 billion barrels of oil. Output peaked 2000–2004 at >3 million barrels/day. The Norwegian Petroleum Directorate tracks monthly data; the Government Pension Fund Global (oil fund) now exceeds $1.4 trillion, investing surplus for future generations.