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Norway's oil production in June 2025 is 3.1 percent more than the NOD’s forecast


22 Jul 2025

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Preliminary production figures for June 2025 show an average daily production of 1,854,000 barrels of oil, NGL and condensate.

Total gas sales were 8.8 billion Sm3 (GSm3), which is 0.5 (GSm3) less than the previous month.

Average daily liquids production in June was: 1,675,000 barrels of oil, 174,000 barrels of NGL and 5,000 barrels of condensate.

Production figures June 2025

    Oil
mill bbl/day
Sum liquid
mill bbl/day
Gas
MSm³/day
Total
MSm³ o.e/day
Production June 2025 1.675 1.853 292.3 0.587
           
Forecast for June 2025 1.624 1.829 283.6 0.574
Deviation from forecast   0.051 0.024 8.7 0.013
Deviation from forecaset in %   3.1 % 1.3 % 3.1 % 2.3 %
           
Production May 2025 1.790 1.969 298.9 0.612
Deviation from May 2025 -0.115 -0.116 -6.6 -0.025
Deviation in % from May 2025 -6.4 % -5.9 % -2.2 % -4.1 %
           
Production June 2024 1.727 1.970 345.9 0.659
Deviation from June 2024 -0.052 -0.117 -53.6 -0.072
Deviation in % from June 2024 -3 % -5.9 % -15.5 % -10.9 %

Oil production June 2025

Oil production in June is 3.1 percent more than the NOD’s forecast and 2.2 percent more than the forecast so far this year.

The total petroleum production so far in 2025 is about 116.3 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 50.5 MSm3 o.e. of oil, about 5.8 MSm3 o.e. of NGL and condensate and about 60.0 MSm3 o.e. of gas for sale.

The total volume is 6.8 MSm3 o.e. less than 2024. 

Original announcement link

Source: Norwegian Offshore Directorate





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