Looking for a specific product?

Make a search for products & suppliers, articles & news.

Increased production of oil and gas

Figures for October 2012 indicate an average daily production on the Norwegian Shelf of about 1 805 000 barrels of oil, NGL and condensate. This is 287 000 barrels per day more than in September.

Total gas sales for October  were about 10.0 billion Sm3, which is 3.0 billion Sm3 more than the previous month, according to preliminary figures from the Norwegian Petroleum Directorate (NPD) .

The total oil production on the Norwegian shelf has increased since September and is at the same level as in the summer, but 12 per cent below the prognosis for October.

This is mainly due to planned maintenance and technical problems on several fields. Both The Valhall and Hod fields have been closed for the entire month due to preparation in front of production start for a new platform. Ula, Tambar and Oselvar fields have also been closed for the entire month due to hydrocarbon leakage on Ula. In addition, Yme and Skarv should have contributed to the production in October according to the prognosis, but these fields will not contribute to achieving the NPD prognosis for 2012, although production for Skarv is scheduled for December.

The oil production is also about 3.0 percent below the cumulative prognosis this year. Since the prognosis for the remaining year is relatively high, it might be a challenge to meet the oil production target for 2012, comments Jan Bygdevoll, Director Forecasting at the NPD.

Related news

Latest news

Hatteland Display Releases New Large Format 4K Screen

Hatteland Display Releases New Large Format 4K Screen for ECDIS and Bridge System Applications. The new 32” Ultra High Definition model enables multi-application data to be viewed clearly from a single operator station.

Deck Equipment Contract for Palfinger Marine

PALFINGER MARINE has signed a contract with Simek in Norway to deliver the complete winch package onboard their newbuilding 134, a longliner vessel.

New contract: Windcat 41 - no 17 in the Servogear series

Servogear announces the signing of a new contract with Windcat Workboats BV for the delivery of Servogear Controllable Pitch Propellers (CPP)  for their new vessel Windcat 41. 

Seacat Enterprise to be launched January 12th

Seacat Services, is preparing to launch its first High Speed Utility Vessel (HSUV), Seacat Enterprise at January 12th.

57 million NOK for innovation to combat poverty

Brunvoll acquires Scana Propulsion

Brunvoll AS has signed an agreement with Incus Investor ASA to acquire all the shares in Scana Propulsion AS, including subsidiaries Scana Volda AS and Scana Mar-El AS in Norway and three sales companies located in the Uni...

Norsafe Signs Contract with the Swedish Coast Guard (KBV)

On Wednesday 21st December, Norsafe signed yet another new contract with the Swedish Coast Guard (KBV) to deliver nine new Magnum 750 MKII boats.

A Unique Second-generation Tomograph is Developed

A new gamma-ray tomograph designed to image up to 4” diameter pipes, is developed by CMR Prototech for the Saskatchewan Research Council (SRC) in Canada.

Sohome launches a new website

Sohome has launched a new website that makes it easier to find key information.