Production Figures November 2023

Source Company Press Release
Company Norwegian Petroleum Directorate
Tags Country: Norway, Upstream: Drilling Activity, Upstream News
Date December 20, 2023

Preliminary production figures for November 2023 show an average daily production of 2 014 000 barrels of oil, NGL and condensate.

Total gas sales were 10.9 billion Sm3 (GSm3), which is 0.7 (GSm3) higher than the previous month.

Average daily liquids production in November was: 1 779 000 barrels of oil, 216 000 barrels of NGL and 20 000 barrels of condensate.

Oil production in November is 3.1 percent lower than the NPD’s forecast and 0.9 percent lower than the forecast so far this year.

Production figures November 2023

    Oil
mill bbl/day
 
Sum liquid
mill bbl/day
 
Gas
MSm⊃;/day
 
Total
MSm⊃; o.e/day
 
Production  November 2023  1.779  2.014  362.8  0.683 
           
Forecast for  November 2023  1.836  2.064  356.1  0.684 
Deviation from forecast    -0.057  -0.050  6.7  -0.001 
Deviation from forecaset in %    -3.1 %  -2.4 %  1.9 %  -0.1 % 
           
Production  October 2023  1.772  1.986  328.8  0.645 
Deviation from  October 2023  0.007  0.028  34  0.038 
Deviation in % from  October 2023  0.4 %  1.4 %  10.3 %  5.9 % 
           
Production  November 2022  1.749  1.971  345  0.658 
Deviation from  November 2022  0.030  0.043  17.8  0.025 
Deviation in % from  November 2022  1.7 %  2.2 %  5.2 %  3.8 % 

The total petroleum production so far in 2023 is about 211.9 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 94.9 MSm3 o.e. of oil, about 11.7 MSm3 o.e. of NGL and condensate and about 105.4 MSm3 o.e. of gas for sale.

The total volume is 1.1 MSm3 o.e. less than in 2022.

Source: EvaluateEnergy® ©2024 EvaluateEnergy Ltd