NORWAY'S OIL UP OF 26 TBD
NPD - Preliminary production figures for December 2017 show an average daily production of 1 932 000 barrels of oil, NGL and condensate, which is an increase of 26 000 barrels per day compared to November.
Total gas sales were 11.2 billion Sm3 (GSm3), which is an increase of 0.3 GSM3 from the previous month.
Average daily liquids production in December was: 1 538 000 barrels of oil, 363 000 barrels of NGL and 31 000 barrels of condensate.
Oil production 2017
Oil production is approx. 4 percent lower than the NPD's forecast, and about 1.7 percent below the forecast this year.
The main reasons that production in December was below forecast is that Goliat was closed until the 17th of December and technical problems and maintenance work on some other fields.
Liquid production 2017
Gas production 2017
The total petroleum production in 2017 inclusive preliminary December figures was 238.7 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: 92.3 MSm3 o.e. of oil, 22.2 MSm3 o.e. of NGL and condensate and 124.2 MSm3 o.e. of gas for sale. The total volume is 6.0 MSm3 o.e. higher than in 2016.
Final production figures from November 2017 show an average daily production of about 1.510 million barrels of oil, 0.396 million barrels of NGL and condensate and a total of 10.9 billion Sm3 saleable gas production.
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U.S. FRB - Industrial production edged up 0.1 percent in July after rising at an average pace of 0.5 percent over the previous five months. Manufacturing production increased 0.3 percent, the output of utilities moved down 0.5 percent, and, after posting five consecutive months of growth, the index for mining declined 0.3 percent. At 108.0 percent of its 2012 average, total industrial production was 4.2 percent higher in July than it was a year earlier. Capacity utilization for the industrial sector was unchanged in July at 78.1 percent, a rate that is 1.7 percentage points below its long-run (1972–2017) average.
NPD - Preliminary production figures for July 2018 show an average daily production of 1 911 000 barrels of oil, NGL and condensate, which is an increase of 64 000 barrels per day compared to June.
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