RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2020-09-28 11:55:00

NORWAY'S OIL & GAS PRODUCTION 1.722 MBD

NORWAY'S OIL & GAS PRODUCTION  1.722 MBD

NPD - 25/09/2020  -  Average daily liquids production in August was: 1 722 000 barrels of oil, 270 000 barrels of NGL and 26 000 barrels of condensate.

On 29 April 2020, the Government decided to implement a cut in Norwegian oil production.

The production figures for oil in August include this cut of 134 000 barrels per day in the second half of 2020.

The Norwegian Petroleum Directorate's oil production forecasts have been updated in the Government's proposed Revised National Budget for 2020. This was presented on 12 May.

The update takes the authorities' oil production regulation into account, as well as delayed start-up of fields under development and oil production in the first quarter.

Oil production in August is 0.2 percent lower than the NPD's forecast, and 0.1 percent below the forecast so far this year.

The total petroleum production for the first eight months in 2020 is about 153.6 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 66.1 MSm3 o.e. of oil, about 12.4 MSm3 o.e. of NGL and condensate and about 75.1 MSm3 o.e. of gas for sale.

The total volume is 9.8 MSm3 o.e. higher than in 2019.

Norway oil gas Production August 2020

Norway Oil production 2020

Norway Liquid production 2020

Norway Gas production 2020

-----


Earlier:

NORWAY'S OIL GAS PRODUCTION  1.722 MBD
2020, September, 23, 14:45:00
NORWAY'S CARBON INVESTMENT $1.8 BLN
the Norwegian government would fund a carbon capture project at a cement factory in southern Norway operated by Germany's Heidelberg Cement.
NORWAY'S OIL GAS PRODUCTION  1.722 MBD
2020, September, 22, 13:05:00
NORWAY'S, U.S. OIL FUND
Norway’s oil fund was originally set up to mirror as closely as possible the trading patterns of the Scandinavian country’s economy
NORWAY'S OIL GAS PRODUCTION  1.722 MBD
2020, August, 28, 14:55:00
NORWAY FINANCIAL STRENGTH
the Norwegian authorities have taken welcome steps to strengthen the financial system.
All Publications »
Tags: NORWAY, OIL, GAS, PRODUCTION