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20 Aug 26 |
Norway: Production outpaces resource growth on the NCS Without significant discoveries, production on the Norwegian continental shelf (NCS) may fall steeply after 2030. Resources remain plentiful, but growth levels are too low to maintain current production levels over time, according to a Resource Report 2026 publihed by the Norwegian Offshore Directorate. |
20 Aug 26 |
Norway: Norwegian Offshore Directorate announces production figures for July 2026 Preliminary production figures for July 2026 show an average daily production of 1,976,000 barrels of oil, NGL and condensate. Total gas sales were 10.9 billion Sm3 (GSm3), which is 0.9 (GSm3) more than the previous month. The average daily production of liquids in July was: 1,776,000 barrels of oil, 183,000 barrels of NGL and 17,000 barrels of condensate. Oil production in July is 2.1 percent less than the NOD’s forecast and 4.5 percent more than the forecast so far this year. |
