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2017-04-27 18:40:00

NORWAY'S OIL PRODUCTION UP 63 TBD

NORWAY'S OIL PRODUCTION UP 63 TBD

NPDPreliminary production figures for March 2017 show an average daily production of 2 145 000 barrels of oil, NGL and condensate, which is an increase of 63 000 barrels per day (approx. 3 percent) compared to February.

Total gas sales were 11.2 billion Sm3 (GSm3), which is an increase of 1.1 GSM3 from the previous month.

norway oil production march 2017

Average daily liquids production in March was: 1 734 000 barrels of oil, 380 000 barrels of NGL and 31 000 barrels of condensate. The oil production is about 8.0 percent above the oil production in March last year and is about 4.3 percent above the NPD's prognosis for March 2017. The oil production is about 1.6 percent above the prognosis so far this year.

norway petroleum production march 2017

norway gas production march 2017

The total petroleum production for the first three months in 2017 is about 62.6 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 24.0 MSm3 o.e. of oil, about 5.9 MSm3 o.e. of NGL and condensate and about 32.8 MSm3 o.e. of gas for sale. The total volume is 0.3 MSm3 o.e. higher than in 2016.

Final production figures from February 2017 show an average daily production of about 1.668 million barrels of oil, 0.414 million barrels of NGL and condensate and a total of 10.1 billion Sm3 saleable gas production.

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Earlier: 

NORWAY'S OIL PRODUCTION DOWN 25,000 

NORWAY IS BETTER 

NORWAY'S PRODUCTION DOWN 42 TBD 

NORWAY'S PRODUCTION DOWN 60 TBD 

NORWAY'S PETROLEUM PRODUCTION UP 37 TBD

 

 

Tags: USA, CANADA, OIL, GAS, RIG, COUNT