Gulf Oil and Gas accountACCOUNT

Production Figures June 2020

Source: www.gulfoilandgas.com 7/17/2020, Location: Europe

Preliminary production figures for June 2020 show an average daily production of 1 857 000 barrels of oil, NGL and condensate.

Average daily liquids production in June was: 1 543 000 barrels of oil, 298 000 barrels of NGL and 17 000 barrels of condensate.

On 29 April 2020, the Government decided to implement a cut in Norwegian oil production. The production figures for oil in June include this cut of 250,000 barrels per day.

The Norwegian Petroleum Directorate’s oil production forecasts have been updated in the Government’s proposed Revised National Budget for 2020.

This was presented on 12 May. The update takes the authorities’ oil production regulation into account, as well as delayed start-up of fields under development and oil production in the first quarter.

Oil production in June is 4.1 percent under the limit set in connection with the production adjustment for June.

The total petroleum production for the first six months in 2020 is about 115.2 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 49.1 MSm3 o.e. of oil, about 9.4 MSm3 o.e. of NGL and condensate and about 56.7 MSm3 o.e. of gas for sale.

Production News in Norway >>

Australia >>  10/22/2020 - Santos released its 2020 Third Quarter Activities Report.
<...

Senegal >>  10/22/2020 - Performance
• Delivered production of 25.3 MMboe, up 2% from Q3 2019.
• Delivered sales volume of 26.7 MMboe, up 10% from Q3 2019.
• ...


Norway >>  10/21/2020 - The authorities have issued consent for start-up of the Dvalin field in the Norwegian Sea. Operator Wintershall DEA estimates that it can recover 18 b...
Brazil >>  10/20/2020 - Petrobras' operational performance in 3Q20 was very good, considering the challenging scenario imposed by the COVID-19 pandemic. Our oil and gas produ...

United States >>  10/19/2020 - Otto Energy has provided a market update on the status of production for the Green Canyon 21 (GC 21) 'Bulleit' field, operated by Talos Energy. The we...
Trinidad and Tobago >>  10/15/2020 - Trinity Exploration & Production plc, the independent E&P company focused on Trinidad and Tobago, provides an update on its operations for the three-m...




Norway Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.