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Norway: Norway's oil production in August higher than the NPD’s forecast


21 Sep 2023

Photo - see caption

Preliminary production figures for August 2023 show an average daily production of 2,006,000 barrels of oil, NGL and condensate.

Total gas sales were 9.7 billion Sm3 (GSm3), which is 0.3 (GSm3) lower than the previous month.

Average daily liquids production in August was: 1,789,000 barrels of oil, 201,000 barrels of NGL and 16,000 barrels of condensate.

Oil production in August is 1.0 percent higher than the NPD’s forecast and 0.2 percent lower than the forecast so far this year.

Photo - see caption
Photo - see caption

The total petroleum production so far in 2023 is about 156.0 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 69.6 MSm3 o.e. of oil, about 8.6 MSm3 o.e. of NGL and condensate and about 77.8 MSm3 o.e. of gas for sale.

The total volume is 1.1 MSm3 o.e. higher than in 2022.

Original announcement link

Source NPD





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