Press

NPD: Production Figures March 2018


Preliminary production figures for March 2018 show an average daily production of 1 901 000 barrels of oil, NGL and condensate, which is a decrease of 46 000 barrels per day compared to February.

Total gas sales were 10.9 billion Sm3 (GSm3), which is an increase of 0.8 GSM3 from the previous month.

Average daily liquids production in March was: 1 519 000 barrels of oil, 352 000 barrels of NGL and 29 000 barrels of condensate.

Oil production is approx. 5 percent lower than the NPD's forecast, and about 3.0 percent below the forecast this year. The main reasons that production in March was below forecast is technical problems on some fields.

 

Production March 2018

Production March 2018

 

 

Oil production 2018

Oil production 2018

 

Liquid production 2018

Liquid production 2018

 

Gas production 2018

Gas production 2018

 

The total petroleum production for the first three months in 2018 is about 60.3 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 22.5 MSm3 o.e. of oil, about 5.6 MSm3 o.e. of NGL and condensate and about 32.2 MSm3 o.e. of gas for sale.

The total volume is 2.1 MSm3 o.e. lower than in 2017.



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