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Buy Excel files - histories and forecasts of production and wells split into any category for all countries and regions

Review files Exploration and Production

Beginnings

Iceland has no history of drilling and production. However, in recent years companies have been assessing prospects in deep water areas to the northeast (the Dreki area). No wells have yet been drilled and none are forecast in the short and medium term.

Two licensing rounds have been completed, the first in 2009, the second in 2011. Nevertheless Globalshift does not forecast any future production of oil or gas from the country.

For recent events see News Briefs.


Geology

E and P

News Briefs

Iceland

Northwest Europe

Iceland