Norwegian Continental Shelf's Average Oil Production at 2.1MM BOPD

The average daily production was about 1,993,000 barrels of oil, about 250,000 barrels of NGL (Natural Gas Liquids) and about 64,000 barrels of condensate, a total of 2,306,000 barrels of liquid. In July 17.3 million standard cubic meters of oil equivalents (Sm3 o.e.) were produced. This is 1.1 million Sm3 o.e. less than in August 2007.

Production from the Glitne, Norne, Snorre, Sleipner Ost, Troll and Urd fields have been partly closed due to planned maintenance in August. The Kvitebjorn and Visund fields have had reduced production du to leakage in a gaspipe. Vilje started production on July 1.

So far this year the average daily production has been about 2.1 million barrels of oil and a total of about 2.5 million barrels of liquid. The total production is about 159.8 million Sm3 o.e. This is 3.6 million Sm3 o.e. higher than in the same period last year.

Preliminary production figures for September 2008 show an average daily production of about 1.988 million barrels of oil and 0.197 million barrels of NGL and condensate.

The Oseberg Ost, Snorre and Vigdis fields have been partly closed due to planned maintenance in September. The Kvitebjorn field has been closed whole month due to leakage in a gaspipe.

The final figures will be available in the beginning of November 2008.

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Brent Crude Oil : $50.79/BBL 1.30%
Light Crude Oil : $49.96/BBL 1.10%
Natural Gas : $2.77/MMBtu 2.12%
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