Norway’s daily production averaged 2.029 million b/d in May, a decrease of 78,000 b/d compared to April, the Norwegian Petroleum Directorate reported.
The preliminary average daily liquids production included 1.74 b/o, 269,000 bbl of NGL, and 20,000 bbl of condensate.
Total gas sales in May were 8.2 billion standard cu m, which is 0.9 standard cu m less than April.
The update takes into account the authorities' regulation of oil production, delayed start-up of fields under development, as well as oil production in the first quarter.
Oil production in May is 1.0% above the NPD’s forecast, and 0.7% above the forecast so far this year.