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Norway's oil production in December higher than the Norwegian Offshore Directorate’s forecast


23 Jan 2024

Photo - see caption

Preliminary production figures for December 2023 show an average daily production of 2,096,000 barrels of oil, NGL and condensate.

Total gas sales were 11.75 billion Sm3 (GSm3), which is 0.8 (GSm3) higher than the previous month.

Average daily liquids production in December was: 1,847,000 barrels of oil, 228,000 barrels of NGL and 21 000 barrels of condensate.

Oil production in December is 1.9 percent higher than the Norwegian Offshore Directorate’s forecast and 0.5 percent lower than the forecast this year.

Photo - see caption

The total petroleum production in 2023 is about 234.3 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 104.1 MSm3 o.e. of oil, about 12.9 MSm3 o.e. of NGL and condensate and about 117.3 MSm3 o.e. of gas for sale.

The total volume is 0.2 MSm3 o.e. higher than in 2022.

Original announcement link

Source: Norwegian Offshore Directorate





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