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2022-03-21 12:05:00

NORWAY OIL, GAS PRODUCTION 1.98 MBD

NORWAY OIL, GAS PRODUCTION 1.98 MBD

NPD -  18/03/2022 - Preliminary production figures for February 2022 show an average daily production of 1 980 000 barrels of oil, NGL and condensate. 

Total gas sales were 9.7 billion Sm3 (GSm3), which is an decrease of 0.9 GSm3 from the previous month. 

Average daily liquids production in February was: 1 763 000 barrels of oil, 208 000 barrels of NGL and 9 000 barrels of condensate. 

Oil production in February is 3.7 percent lower than the NPD’s forecast and 2.9 percent lower than the forecast so far this year.

The total petroleum production for the first two months in 2022 is about 38.9 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 16.4 MSm3 o.e. of oil, about 2.1 MSm3 o.e. of NGL and condensate and about 20.4 MSm3 o.e. of gas for sale.

The total volume is 0.2 MSm3 o.e. lower than in 2021.

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Tags: NORWAY, OIL, GAS, PRODUCTION