Press

NPD: Production Figures June 2018


Preliminary production figures for June 2018 show an average daily production of 1 747 000 barrels of oil, NGL and condensate, which is an increase of 88 000 barrels per day compared to May.

Total gas sales were 9.3 billion Sm3 (GSm3), which is a decrease of 0.4 GSM3 from the previous month.

Average daily liquids production in June was: 1 480 000 barrels of oil, 237 000 barrels of NGL and 30 000 barrels of condensate.

Oil production is approx. 3 percent lower than the NPD's forecast, and about 4 percent below the forecast this year.

The main reasons that production in June was below forecast is technical problems on some fields.

Production June 2018

 

Production June 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 six months in 2018 is about 114.9 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 43.2 MSm3 o.e. of oil, about 10.2 MSm3 o.e. of NGL and condensate and about 61.5 MSm3 o.e. of gas for sale.

The total volume is 4.4 MSm3 o.e. lower than in 2017.  


Visit source site

npd.no/en/news/Production-figures/2018/June-2018/

NPDNorwayNorwegian Petroleum DirectorateProductionOilgas

More items from oilvoice


Permian Region Natural Gas Prices Fall as Production Continues to Grow

Source: U.S. Energy Information Administration, based on Natural Gas Intelligence The natural gas spot price spread between the Permian Basin, as priced at the Waha Hub in western Texas, and the U.S. national benchmark Henry Hub in Louisiana has grown considerably in the past year. Natural gas ...

OilVoice Press - OilVoice


Posted 8 hours agoOpinion > EIAEnergy Information Administration EIAUnited States +7

Baker Hughes, a GE company Reaches Agreement to Sell Natural Gas Solutions Business

LONDON & HOUSTON--(BUSINESS WIRE)--Jul. 18, 2018-- Baker Hughes, a GE company (NYSE: BHGE) today announced an agreement to sell its Natural Gas Solutions (NGS) business to two separate entities, First Reserveand Pietro Fiorentini S.p.A., for a combined value of $375 million. NGS is part of BHGE's T ...

OilVoice Press - OilVoice


Posted 9 hours agoPress > Baker HughesGEDivestment +6

RGU Pilots Intern Programme With Industry Drilling Partners

Robert Gordon University (RGU) has been working with partners in the drilling industry to create a summer intern programme which will help strengthen ties and develop the future workforce. RGU's Oil and Gas Institute and Employability & Professional Enrichment Hub have developed the programme for ...

OilVoice Press - OilVoice


Posted 9 hours agoPress > DrillinginternshipRGU +2

M2 Subsea Secures Contract With Premier Oil

Global independent provider of ROV services, M 2 Subsea, has secured a contract to provide inspection services for Premier Oil's Balmoral Floating Production Vessel (FPV). M 2 Subsea, which has bases in Aberdeen and Houston, will carry out the 2018 inspection of the vessel's hull, flowlines, umb ...

OilVoice Press - OilVoice


Posted 9 hours agoPress > M2 SubseaM 2 SubseaSubsea +5

SDRL - Seadrill Partners West Leo Early Termination Litigation Update

Hamilton, Bermuda, July 18, 2018 - Seadrill Limited ("SDRL or the Company") announces today that a subsidiary of Seadrill Partners, the Master Limited Partnership it established in 2012 and in which it holds approximately a 46.6% interest in, has received approximately $248 million relating to th ...

OilVoice Press - OilVoice


Posted 9 hours agoPress > SDRLSeadrillWest Leo +1
All posts from oilvoice