Norway’s daily liquids production averaged 2.019 million b/d in August, the Norwegian Petroleum Directorate reported. Norway’s daily liquids production averaged 2.062 million b/d in July.
On Apr. 29, the government decided to implement a cut in Norwegian oil production. The production figures for oil in August include this cut of 134,000 b/d in the second half of 2020. Oil production in August is 0.2% lower than the NPD’s forecast, and 0.1% below the forecast so far this year.
The average daily liquids production in August included 1.722 million b/o, 270 000 bbl of NGL, and 26,000 bbl of condensate.
The update takes the authorities’ oil production regulation into account, as well as delayed start-up of fields under development and oil production in the first quarter.
The total petroleum production for the first 8 months of the year is about 153.6 million standard cu m oil equivalents.
