Press

NPD: Production Figures October 2018


Preliminary production figures for October 2018 show an average daily production of 1 874 000 barrels of oil, NGL and condensate, which is an increase of 271 000 barrels per day compared to September.

Total gas sales were 10.6 billion Sm3 (GSm3), which is an increase of 1.6 GSM3 from the previous month.

Average daily liquids production in October was: 1 499 000 barrels of oil, 346 000 barrels of NGL and 29 000 barrels of condensate.

Oil production for October is about 5 percent below the NPD's forecast for the month and about 4.5 percent below the forecast for 2018.

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

Production October 2018

Production October 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 ten months in 2018 is about 191,0 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 71.7 MSm3 o.e. of oil, about 17.7 MSm3 o.e. of NGL and condensate and about 101.6 MSm3 o.e. of gas for sale.

The total volume is 7.1 MSm3 o.e. lower than in 2017.


Visit source site

npd.no/en/news/Production-figures/2018/October-201...

NPDProduction FiguresProductionNorwayNorwegian Petroleum Directorate

More items from oilvoice


Africa E&P Summit

The organisers of the Africa E&P Summit are bringing together Africa's leading exploration companies and governments, just one of the many reasons why you should be attending frontier's event that they are organising and hosting in London at the IET: Savoy Place, 22-23 May. Over 200 key senior exec ...

OilVoice Press - OilVoice


Posted 17 days agoPress > Africasummitoil summit +2

Equinor Deepens in Offshore Wind in Poland

Equinor has exercised an option to acquire a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia. This transaction is a follow-up of the agreement between the two companies which came into force in May 2018 , by which Equinor acquired a 50 % inter ...

OilVoice Press - OilVoice


Posted 5 months agoPress > EquinorEquinor EnergyPoland +2

Nigeria has highest capex on crude and natural gas projects in sub-Saharan Africa Over Next Seven Years, says GlobalData

Nigeria accounts for more than 34% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the sub-Saharan Africa over the period 2018–2025, according to GlobalData , a leading data and analytics company. The company's report: ‘H2 2018 Production ...

OilVoice Press - OilVoice


Posted 5 months agoOpinion > GlobalDataNigeriaCrude +5

CNOOC Signs Strategic Cooperation Agreements with 9 International Oil Companies

HONG KONG, Dec. 18, 2018 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, Conoco ...

OilVoice Press - OilVoice


Posted 5 months agoPress > CNOOCChina National Offshore Oil CorporationChevron +11

Total Announces the Distribution of its Second 2018 Interim Dividend

The Board of Directors met on December 12, 2018 and declared  the distribution of a second interim dividend for the 2018 fiscal year of €0.64 per share, in accordance with the Board's decision of July 25, 2018, an amount equal to the first 2018 interim dividend and an increase of 3.2% compared to t ...

OilVoice Press - OilVoice


Posted 5 months agoPress > TotalDividend
All posts from oilvoice