Norwegian Petroleum Directorate: Production figures December 2017

Preliminary production figures for December 2017 show an average daily production of 1 932 000 barrels of oil, NGL and condensate, which is an increase of 26 000 barrels per day compared to November.

Total gas sales were 11.2 billion Sm3 (GSm3), which is an increase of 0.3 GSM3 from the previous month.

Average daily liquids production in December was: 1 538 000 barrels of oil, 363 000 barrels of NGL and 31 000 barrels of condensate.

Oil production 2017

Oil production 2017

Oil production is approx. 4 percent lower than the NPD's forecast, and about 1.7 percent below the forecast this year.

The main reasons that production in December was below forecast is that Goliat was closed until the 17th of December and technical problems and maintenance work on some other fields.

Liquid production 2017

Liquid production 2017

Gas production 2017

Gas production 2017

The total petroleum production in 2017 inclusive preliminary December figures was 238.7 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: 92.3 MSm3 o.e. of oil, 22.2 MSm3 o.e. of NGL and condensate and 124.2 MSm3 o.e. of gas for sale. The total volume is 6.0 MSm3 o.e. higher than in 2016.

Final production figures from November 2017 show an average daily production of about 1.510 million barrels of oil, 0.396 million barrels of NGL and condensate and a total of 10.9 billion Sm3 saleable gas production.

Visit source site

NPDNorwegian Petroleum DirectorateNorwayProduction FiguresEnglish language

More items from oilvoice

Tullow Oil: Pricing of $800m Senior Notes

16 March 2018 - Tullow Oil plc (“Tullow” or the “Company”) is pleased to announce that it has priced its offering of $800 million aggregate principal amount of 7% senior notes due 2025 at par (the “Notes”). The size of the offering has been increased from $650 million, indicated at launch on 12 Ma ...

OilVoice Press - OilVoice

Posted 1 day agoPress > Tullow OilSenior Notes

Swire Oilfield Services Develops Norwegian Operations with New Base

Swire Oilfield Services, a global leading provider of Offshore Containers and oilfield services, has today developed its Norwegian operations with the opening of a new base facility in Mongstad. Swire Oilfield Services have invested over half a million pounds in the new facility which is approved ...

OilVoice Press - OilVoice

Posted 1 day agoPress > Swire Oilfield ServicesNorwayMongstad +3

Government Policy Crucial For Future of Upstream Sector in Southeast Asia, Says GlobalData

As the upstream sector recovers from the 2014 oil price crash and resulting budget cuts, a number of Southeast Asian governments are adapting policies in the sector in the hope of capturing a share of new investment, according to GlobalData , a leading data and analytics company. The most signifi ...

OilVoice Press - OilVoice

Posted 2 days agoPress > GlobalDataupstreamSoutheast Asia +3

Elk Petroleum Half-Year FY2018 Results & Guidance

Half-Year headlines Aneth acquisition delivers dramatic growth in reserves, production, cash flow & shareholder value 44% increase in share price to A$0.095 (15 March 2018) – up from A$0.066 (30 June 2017) 1P Reserves1 = 47.5 mmboe – up 35.0 mmbbls (380% increase) since 30 June 2017 ...

OilVoice Press - OilVoice

Posted 2 days agoPress > Elk PetroleumReportReserves +2

Range Resources Half -Yearly Report

Range today releases its half-yearly report (unaudited) for the 6 months ending 31 December 2017.    Yan Liu, Range's Chief Executive Officer, commented: “We are extremely encouraged by the progress in both operational and financial performance demonstrated in the interim results. We conti ...

OilVoice Press - OilVoice

Posted 2 days agoPress > Range ResourcesReportTrinidad +2
All posts from oilvoice