Norwegian Continental Shelf Production at 2.1 M Barrels for Dec. 2007

The average daily production was about 2.168 million barrels of oil, about 298,000 barrels of NGL (Natural Gas Liquids) and about 67 000 barrels of condensate, in total of 2 532 000 barrels liquid.

During the month of December 21.5 million standard cubic metres of oil equivalents (Sm3 o.e.) were produced. This is 1.1 million Sm3 o.e. less than during December 2006.

Production from the Snøhvit and Ormen Lange fields were shut down for 31 and 8 days due to technical problems.

In 2007 the average daily production has been just above 2.2 million barrels of oil. The total production is about 238.0 million Sm3 o.e. This is 10.8 million Sm3 o.e. less than in 2006.

Preliminary production figures for January 2008 show an average daily production of about 2.186 million barrels of oil and 0.358 million barrels of NGL and condensate.

Final figures will be available in the beginning of March 2008.