Production Figures December 2023

Source Company Press Release
Company Norwegian Petroleum Directorate
Tags Country: Norway, Upstream: Drilling Activity, Upstream News
Date January 23, 2024

Preliminary production figures for December 2023 show an average daily production of 2 096 000 barrels of oil, NGL and condensate.

Total gas sales were 11.75 billion Sm3 (GSm3), which is 0.8 (GSm3) higher than the previous month.

Average daily liquids production in December was: 1 847 000 barrels of oil, 228 000 barrels of NGL and 21 000 barrels of condensate.

Oil production in December is 1.9 percent higher than the Norwegian Offshore Directorate’s forecast and 0.5 percent lower than the forecast this year.

Production figures December 2023

    Oil
mill bbl/day
 
Sum liquid
mill bbl/day
 
Gas
MSm⊃;/day
 
Total
MSm⊃; o.e/day
 
Production  December 2023  1.847  2.096  379  0.712 
           
Forecast for  December 2023  1.813  2.039  352.1  0.676 
Deviation from forecast    0.034  0.057  27  0.036 
Deviation from forecaset in %    1.9 %  2.8 %  7.7 %  5.3 % 
           
Production  November 2023  1.805  2.045  365  0.690 
Deviation from  November 2023  0.042  0.051  14.1  0.022 
Deviation in % from  November 2023  2.3 %  2.5 %  3.9 %  3.2 % 
           
Production  December 2022  1.772  2.001  360.3  0.678 
Deviation from  December 2022  0.075  0.095  18.8  0.034 
Deviation in % from  December 2022  4.2 %  4.7 %  5.2 %  5 % 

The total petroleum production in 2023 is about 234.3 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 104.1 MSm3 o.e. of oil, about 12.9 MSm3 o.e. of NGL and condensate and about 117.3 MSm3 o.e. of gas for sale.

The total volume is 0.2 MSm3 o.e. higher than in 2022. 

Source: EvaluateEnergy® ©2024 EvaluateEnergy Ltd