Norway production decreased in June, NPD says

Norway’s daily production averaged 1.857 million b/d in June, the Norwegian Petroleum Directorate reported.
July 17, 2020

Norway’s daily production averaged 1.857 million b/d in June, the Norwegian Petroleum Directorate reported. Norway’s daily production averaged 2.029 million b/d in May (OGJ Online, June 19, 2020).

On Apr. 29, the government decided to implement a cut in Norwegian oil production. The production figures for oil in June include this cut of 250,000 b/d.  Oil production in June is 4.1% under the limit set in connection with the production adjustment for June.

The average daily liquids production included 1.543 million b/o, 298,000 bbl of NGL, and 17,000 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.

Total petroleum production for the first 6 months in 2020 is about 115.2 million standard cu m oil equivalents. 

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