Norway production up in February, NPD says

March 21, 2023
Norway’s production averaged 1.994 million bbl in February, the Norwegian Petroleum Directorate (NPD) reported. The figure is up from the 1.979 million bbl produced in January.

Norway’s production averaged 1.994 million bbl in February, the Norwegian Petroleum Directorate (NPD) reported. The figure is up from the 1.979 million bbl produced in January (OGJ Online, Feb. 21, 2023).

Average daily liquids production in February consists of 1.776 million b/o, 194,000 bbl of NGL, and 24,000 bbl of condensate.

Oil production in February is 2.8% lower than the NPD’s forecast and 2.5% lower than the forecast so far this year.