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2018-08-17 11:25:00

NORWAY'S PETROLEUM PRODUCTION: 1.911 MBD

NORWAY'S PETROLEUM PRODUCTION: 1.911 MBD

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.
Total gas sales were 10.8 billion Sm3 (GSm3), which is an increase of 1.5 GSM3 from the previous month.

Average daily liquids production in July was: 1 525 000 barrels of oil, 357 000 barrels of NGL and 29 000 barrels of condensate.

Oil production is approx. 2.5 percent lower than the NPD's forecast for July, and about 4 percent below the forecast this year.

The main reasons that production in July was below forecast is technical problems on some fields.

The total petroleum production for the first seven months in 2018 is about 135.3 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 50.8 MSm3 o.e. of oil, about 12.5 MSm3 o.e. of NGL and condensate and about 71.9 MSm3 o.e. of gas for sale.

The total volume is 4.5 MSm3 o.e. lower than in 2017.

Production July 2018

 

Oil production 2018


 

Liquid production 2018

 

Gas production 2018

 

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Earlier:

NORWAY'S KEY PRIORITY
2018, August, 15, 10:35:00

NORWAY'S KEY PRIORITY

BLOOMBERG - The Norwegian government in June made its first deposit into its wealth fund since the end of 2015. Now that the economy is in full recovery and the labor market is tightening, winding down fiscal stimulus is a key priority in next year’s budget, the prime minister said in an interview in Arendal, on Norway’s southern coast.

 

 

NORWAY'S OIL PRODUCTION: 1.747 MBD
2018, July, 12, 10:15:00

NORWAY'S OIL PRODUCTION: 1.747 MBD

NPD - Preliminary production figures for June 2018 show an average daily production of 1 747 000 barrels of oil, NGL and condensate, which is an increase of 88 000 barrels per day compared to May.

 

 

 U.S. WANT NORWAY'S MONEY
2018, June, 27, 10:35:00

U.S. WANT NORWAY'S MONEY

REUTERS - Norway, which shares an Arctic border with Russia, lacks a “credible plan” how to meet NATO’s spending target, U.S. President Donald Trump said in a letter to the country’s prime minister, the Norwegian daily VG reported on Tuesday.

 NORWAY'S OIL PRODUCTION 1.629 MBD DOWN 236 TBD
2018, June, 20, 12:45:00

NORWAY'S OIL PRODUCTION 1.629 MBD DOWN 236 TBD

NPD - Preliminary production figures for May 2018 show an average daily production of 1 629 000 barrels of oil, NGL and condensate, which is a decrease of 236 000 barrels per day compared to April.

 NORWAY'S OIL EXIT
2018, May, 23, 10:00:00

NORWAY'S OIL EXIT

BLOOMBERG - The fund shocked markets around the world in November when it asked for permission to divest oil and gas companies to reduce financial risk, arguing Norway as a whole is already heavily exposed to oil as western Europe’s biggest petroleum producer. At the time of the proposal, the fund held about $40 billion of shares in oil giants such as Exxon Mobil Corp. and Royal Dutch Shell Plc.

 NORWAY'S OIL PRODUCTION DOWN 34 TBD TO 1.868 MBD
2018, May, 16, 11:50:00

NORWAY'S OIL PRODUCTION DOWN 34 TBD TO 1.868 MBD

NPD - Preliminary production figures for April 2018 show an average daily production of 1 868 000 barrels of oil, NGL and condensate, which is a decrease of 34 000 barrels per day compared to March.

 NORWAY'S PRODUCTION 1.9 MBD
2018, April, 20, 09:05:00

NORWAY'S PRODUCTION 1.9 MBD

NPD - Preliminary production figures for March 2018 show an average daily production of 1 901 000 barrels of oil, NGL and condensate, which is a decrease of 46 000 barrels per day compared to February.

 

 

Tags: NORWAY, OIL, GAS, PRODUCTION
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Chronicle:

NORWAY'S PETROLEUM PRODUCTION: 1.911 MBD
2018, November, 14, 11:50:00

NUCLEAR POWER CHANGING

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NORWAY'S PETROLEUM PRODUCTION: 1.911 MBD
2018, November, 14, 11:45:00

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NORWAY'S PETROLEUM PRODUCTION: 1.911 MBD
2018, November, 14, 11:40:00

LUKOIL PRODUCTION 2.3 MBD

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NORWAY'S PETROLEUM PRODUCTION: 1.911 MBD
2018, November, 14, 11:35:00

BHGE, GE MAXIMIZES VALUE

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