AGR will provide DNO Norge, which is the Norwegian operation of Oslo-listed DNO ASA, with reserves and resource evaluation as part of DNO’s Annual Statement of Reserves and Resources (ASRR) year-end 2025 report. The evaluation will include assets added to DNO’s portfolio through the recent acquisition of Sval Energi.
AGR has evaluated all Sval’s assets each year since 2021.
The third-party competent person report will be carried out by our subsurface and asset evaluation team. The AGR team will utilise its proprietary methodology in combination with the Petroleum Resources Management System (PRMS) of the Society of Petroleum Engineers (SPE). The team provides resource assessments, reserves consulting, reservoir modelling, geologic and petrophysical analyses.
Since re-entering the North Sea in 2017, DNO has been one of the most active and successful explorers on the Norwegian continental shelf. DNO is one of the top ten producers in Norway following its recent acquisition of Sval Energi. It also holds producing assets and exploration acreage in the United Kingdom (UK).
“DNO’s North Sea growth has been impressive. Our job on this project is to accurately estimate its current and future oil and gas production volumes in Norway and in the UK and analyse potential uncertainties related to these estimates,” says Erik Lorange, AGR’s vice president of reservoir management.
During its over 35 years’ operational activity, we have established an international reputation for delivering interdisciplinary expertise within subsurface and reservoir management, demonstrated through 1,700 projects worldwide.
AGR is part of Oslo-listed energy and marine consultancy group ABL Group ASA.
