Norwegian Production Figures Rise

The Norwegian Petroleum Directorate’s (NPD) preliminary production figures for June 2015 have revealed that the average daily production (ADP) of oil, NGL and condensate rose three percent from May 2015.

Figures showed that the ADP of oil, NGL and condensate was 1.948 million barrels, which is around 49,000 barrels per day more than in May. The average daily liquid production in June was 1.57 million barrels of oil, which is 10 percent above the oil production in June last year and around 5 percent above the NPD’s prognosis for the month, 353,000 barrels of NGL and 25, 000 barrels of condensate.

Final production figures from May 2015 show an average daily production of about 1.519 million barrels of oil, and 380,000 barrels of NGL and condensate.

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