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2017-03-21 18:40:00

NORWAY'S OIL PRODUCTION DOWN 25,000

NORWAY'S OIL PRODUCTION DOWN 25,000

NPDPreliminary production figures for February 2017 show an average daily production of 2 010 000 barrels of oil, NGL and condensate, which is a decrease of 25 000 barrels per day (approx. 1 percent) compared to January.

Total gas sales were 10.2 billion Sm3 (GSm3), which is a decrease of 1.3 GSM3 from the previous month.

NORWAY OIL PRODUCTION 2017

Average daily liquids production in February was: 1 620 000 barrels of oil, 360 000 barrels of NGL and 30 000 barrels of condensate. The oil production is about 0.4 percent below the oil production in February last year and is about 0.8 percent above the NPD's prognosis for February 2017. The oil production is about 0.5 percent above the prognosis so far this year.

NORWAY LIQUID PRODUCTION 2017

NORWAY GAS PRODUCTION 2017

The total petroleum production for the first two months in 2017 is about 41.0 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 15.5 MSm3 o.e. of oil, about 3.8 MSm3 o.e. of NGL and condensate and about 21.7 MSm3 o.e. of gas for sale. The total volume is 0.3 MSm3 o.e. lower than in 2016.

Final production figures from January 2017 show an average daily production of about 1.623 million barrels of oil, 0.413 million barrels of NGL and condensate and a total of 11.5 billion Sm3 saleable gas production.

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Earlier: 

NORWAY IS BETTER 

NORWAY'S PRODUCTION DOWN 42 TBD 

NORWAY'S PRODUCTION DOWN 60 TBD 

NORWAY'S PETROLEUM PRODUCTION UP 37 TBD 

NORWAY'S OIL PRODUCTION UP TO 30%

 

 

 

Tags: NORWAY, OIL, GAS, PRODUCTION

Chronicle:

NORWAY'S OIL PRODUCTION DOWN 25,000
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 OIL PRODUCTION DOWN 25,000
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 OIL PRODUCTION DOWN 25,000
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 OIL PRODUCTION DOWN 25,000
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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