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NPD Production Figures for September 2019

Gasoil News - Published on Fri, 18 Oct 2019

Image Source: npd.no
Norwegian Petroleum Directorate’s preliminary production figures for September 2019 show an average daily production of 1 574 000 barrels of oil, NGL and condensate, which is a decrease of 86 000 barrels per day compared to August. Total gas sales were 5.8 billion Sm3, which is a decrease of 2.4 GSm3 from the previous month Average daily liquids production in September was: 1 312 000 barrels of oil, 244 000 barrels of NGL and 18 000 barrels of condensate. Oil production in September is 7.7 percent lower than the NPD's forecast, and 4.1 percent below the forecast so far this year. The main reasons that production in September was below forecast is technical problems and maintenance work on some fields.

The total petroleum production for the first nine months in 2019 is about 157.1 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 57.7 MSm3 o.e. of oil, about 14,5 MSm3 o.e. of NGL and condensate and about 84.9 MSm3 o.e. of gas for sale. The total volume is 13.8 MSm3 o.e. lower than in 2018.

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Posted By : Rabi Wangkhem on Fri, 18 Oct 2019
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