NPD Reports on Average Production for Norwegian Continental Shelf

The average daily production was about 2,179,000 barrels of oil, about 270,000 barrels of NGL (Natural Gas Liquids) and about 62 000 barrels of condensate, a total of 2,435,000 barrels of liquid.

In October 21.2 million standard cubic meters of oil equivalents (Sm3 o.e.) were produced. This is 0.2 million Sm3 o.e. less than in October 2007.

Period
Oil
(mill. Sm3)
Gas
(bill. Sm3)
Condensate
(mill. Sm3)
NGL
(mill. Sm3)
SUM
(mill. Sm3 o.e.)
October 2008
10.7
8.8
0.3
1.3
21.2
October 2007
10.8
8.4
0.3
1.4
21.0
Difference
-0.1
0.4
0.0
-0.1
0.2

Production from the Kristin, Oseberg Ost and Snohvit fields have been partly closed due to planned maintenance in October. The Kvitebjorn field has been closed and Visund field has had reduced production due to leakage in a gas pipe.
 
So far this year the average daily production has been about 2.1 million barrels of oil and a total of about 2.4 million barrels of liquid. The total production is about 197.9 million Sm3 o.e. This is 2.6 million Sm3 o.e. higher than in the same period last year.

Period
Oil
(mill. Sm3)
Gas
(bill. Sm3)
Condensate
(mill. Sm3)
NGL
(mill. Sm3)
SUM
(mill. Sm3 o.e.)
Jan–Oct. 2008
101.5
79.8
3.3
13.3
197.9
Jan–Oct. 2007
107.1
71.9
2.8
13.6
195.3
Difference
-5.6
7.9
0.5
-0.3
2.6

Preliminary production figures for November 2008 show an average daily production of about 2.169 million barrels of oil and 0.350 million barrels of NGL and condensate.
 
The Kvitebjorn field has been closed the whole month due to leakage in a gaspipe. The final figures will be available in the beginning of January 2009.
 
Related Companies
 Company: Norwegian Petroleum Directoratemore info
 - Aker BP Makes North Sea Find (Dec 23)
 - Norwegian Production Rises (Dec 21)
 - Norwegian Production Drops 18% Month-on-Month (Oct 18)
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Brent Crude Oil : $55.47/BBL 0.69%
Light Crude Oil : $52.48/BBL 0.30%
Natural Gas : $3.41/MMBtu 0.29%
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