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2022-10-20 13:50:00

NORWAY OIL, GAS PRODUCTION 1.832 MBD

NORWAY OIL, GAS PRODUCTION 1.832 MBD

NPD -  20/10/2022 - Production figures September 2022

Preliminary production figures for September 2022 show an average daily production of 1 832 000 barrels of oil, NGL and condensate.

Total gas sales were 9.1 billion Sm3 (GSm3), which is an decrease of 1.6 (GSm3) to the previous month.

Average daily liquids production in September was: 1 642 000 barrels of oil, 170 000 barrels of NGL and 19 000 barrels of condensate.

Oil production in September is 9.5 percent lower than the NPD’s forecast and 5.2 percent lower than the forecast so far this year.

The forecasts for gas and NGL have been updated in line with the Governments prognosis for production in the revised national budget.

The total petroleum production so far in 2022 is about 172.6 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 72.1 MSm3 o.e. of oil, about 9.1 MSm3 o.e. of NGL and condensate and about 91.4 MSm3 o.e. of gas for sale.

The total volume is 1.9 MSm3 o.e. higher than in 2021.

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Tags: NORWAY, OIL, GAS, PRODUCTION