Norway’s production averaged 2.049 million bbl in March, the Norwegian Petroleum Directorate (NPD) reported. The figure is up from the 1.994 million bbl produced in February (OGJ Online, Mar. 21, 2023).
Average daily liquids production in March consists of 1.826 million b/o, 201,000 bbl of NGL, and 23,000 bbl of condensate.
Oil production in March is 0.1% higher than the NPD’s forecast and 1.7% lower than the forecast so far this year.