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2017-02-22 19:00:00

NORWAY'S PRODUCTION DOWN 42 TBD

NORWAY'S PRODUCTION DOWN 42 TBD

NPDPreliminary production figures for January 2017 show an average daily production of about 2 024 000 barrels of oil, NGL and condensate.

This is 42 000 barrels per day (about 2 percent) less than December 2016.

Total gas sales were about 11.6 billion Sm3, which is 0.9 GSm3 more than previous month.

NORWAY OIL PRODUCTION JAN 2017

The average daily liquid production in January was: 1 613 000 barrels of oil, 378 000 barrels of NGL and 33 000 barrels of condensate. The oil production is about 4.3 percent below the oil production in December last year.

The oil production is about 0.3 percent below the NPD's prognosis for the month.

NORWAY LIQUID PRODUCTION JAN 2017

NORWAY GAS PRODUCTION JAN 2017

The total petroleum production in January is about 21.6 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 8.0 MSm3 o.e. of oil, about 2.0 MSm3 o.e. of NGL and condensate and about 11.6 MSm3 o.e. of gas for sale. The total volume is 0.4 MSm3 o.e. higher than in 2016.

Final production figures from December 2016 show an average daily production of about 1.682 million barrels of oil, 0.384 million barrels of NGL and condensate and a total of 10.7 billion Sm3 saleable gas production.

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Earlier: 

NORWAY'S PRODUCTION DOWN 60 TBD

NORWAY'S PETROLEUM PRODUCTION UP 37 TBD 

NORWAY'S OIL PRODUCTION UP TO 30% 

NORWAY'S INVESTMENT DOWN 21% 

RUSSIA - NORWAY EXCHANGE 

 

 

 

Tags: NORWAY, OIL, GAS, PETROLEUM, PRODUCTION

Chronicle:

NORWAY'S PRODUCTION DOWN 42 TBD
November, 15, 15:25:00

OIL PRICE: ABOVE $61 AGAIN

REUTERS - Brent crude futures LCOc1 were down 72 cents at $61.49 per barrel at 1020 GMT, having fallen by 1.5 percent on Tuesday, its largest one-day drop in a month. U.S. West Texas Intermediate (WTI) crude CLc1 was at $55.12 per barrel, down 58 cents.

NORWAY'S PRODUCTION DOWN 42 TBD
November, 15, 15:20:00

IEA COOLS THE MARKET

BLOOMBERG - Prices dropped during the session as the International Energy Agency said the recent recovery in oil prices, coupled with milder-than-normal winter weather, is slowing demand growth. The worsening outlook for consumption dampened some of the enthusiasm that OPEC and its allies will extend supply curbs.

NORWAY'S PRODUCTION DOWN 42 TBD
November, 15, 15:15:00

IEA: GLOBAL ENERGY DEMAND UP BY 30%

Global energy needs rise more slowly than in the past but still expand by 30% between today and 2040. This is the equivalent of adding another China and India to today’s global demand.

NORWAY'S PRODUCTION DOWN 42 TBD
November, 15, 15:10:00

RUSSIA'S OIL EXPORTS UP

Product exports have grown significantly over the past several years and are expected to continue to grow as Russian refineries add capacity to produce more high-quality products.

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