News listings

energy-pedia development and production

Norway flagNorway

Europe / Caspian / CIS >>> Norway

Norway's oil production in December lower than the NPD’s forecast

23 Jan 2023

Photo - see caption

Preliminary production figures for December 2022 show an average daily production of 1,983,000 barrels of oil, NGL and condensate.

Total gas sales were 11.1 billion Sm3 (GSm3), which is an increase of 0.7 (GSm3) to the previous month.

Average daily liquids production in December was: 1,773,000 barrels of oil, 191,000 barrels of NGL and 19,000 barrels of condensate.

Oil production in December is 9.7 percent lower than the NPD’s forecast and 6.1 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.

Photo - see caption
Photo - see caption

The total petroleum production in 2022 was about 233,8 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 97.8 MSm3 o.e. of oil, about 12.2 MSm3 o.e. of NGL and condensate and about 123.7 MSm3 o.e. of gas for sale.

The total volume was 1.1 MSm3 o.e. higher than in 2021.

Original article link

Source: NPD

Bookmark and Share

A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.

Subscriber Only Deals

Current Deals

Current Upstream Deals: 278

Completed Deals

Completed Upstream Deals: 6425

Company Profiles

Current Company Profiles: 2872

Corporate Activity

Current Corporate Activity articles: 4008

Companies Looking

Current number of articles: 461

Company Sales

Current Company Sales articles:1610


Current Geostudies articles: 907

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...

energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...

energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...


Subscribe to the FREE
energy-pedia Daily Newsletter

Rose & Assocs 180
Union Jack Oil 149
Government of South Australia
Telos NRG
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans

Tel: +44(0)1727 822675