Norway's Oil Production in February Lower than the NPD’s Forecast

Source: www.gulfoilandgas.com 3/21/2023, Location: Europe

Preliminary production figures for February 2023 show an average daily production of 1,994,000 barrels of oil, NGL and condensate.

Total gas sales were 9.9 billion Sm3 (GSm3), which is 1.2 (GSm3) less than the previous month.

Average daily liquids production in February was: 1,776,000 barrels of oil, 194,000 barrels of NGL and 24,000 barrels of condensate.

Oil production in February is 2.8 percent lower than the NPD's forecast and 2.5 percent lower than the forecast so far this year.

The total petroleum production so far in 2023 is about 39,7 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 16.6 MSm3 o.e. of oil, about 2.1 MSm3 o.e. of NGL and condensate and about 21.0 MSm3 o.e. of gas for sale.

The total volume is 0.7 MSm3 o.e. higher than in 2022.


United States >>  6/5/2023 - Canadian Overseas Petroleum Limited and its affiliates ("COPL") (XOP)(COPL), an international oil and gas exploration, production and development comp...
New Zealand >>  6/2/2023 - - MN-1 production well repaired and producing 800 barrels of oil per day (bopd)
- Field gross production now over 5,000 bopd
- Production o...


Brazil >>  6/1/2023 - CNOOC Limited ("the Company") announces that Buzios5 Project has commenced production safely. Buzios oilfield is located in the Santos Basin, southeas...
Brazil >>  5/31/2023 - TotalEnergies and its co-venturers Petrobras, QatarEnergy and PETRONAS Petróleo Brasil Ltda (PPBL) have signed the Production Sharing Contract (PSC) f...

Canada >>  5/31/2023 - Razor Energy Corp. ("Razor”) (TSXV: RZE) is pleased to advise that over the past week it has restored the full 2,500 boe/d of production that was shut...
United States >>  5/31/2023 - Ithaca Energy, a leading UK independent exploration and production company, today announced its unaudited financial results for the three months ended...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.