Norway: February oil production beats NPD’s prognosis

The Norwegian Petroleum Directorate (NPD) has reported that preliminary production figures for February 2015 indicate an average daily production of about 1 925 000 barrels of oil, NGL and condensate.

This is 6 000 barrels per day (about 0.3 percent) less than in January 2015. Total gas sales were about 10.1 billion Sm3, which is 0.2 GSm3less than previous month.

The average daily liquid production in February was: 1 548 000 barrels of oil, 332 000 barrels of NGL and 45 000 barrels of condensate. The oil production is 0.3 percent above the oil production in February last year.

According to NPD, the following fields had reduced production in February due to various technical problems: Brynhild, Draugen, Ekofisk and Eldfisk. The Gudrun field has been shut down since the February 18, due to a gas leak.

The oil production is about 2 percent above the NPD’s prognosis for the month.

The total petroleum production for the first two months in 2015 is about 38.5 million Sm3 oil equivalents. (MSm3 o.e.), broken down as follows: about 14.5 MSm3 o.e. of oil, about 3.6 MSm3 o.e. of NGL and condensate and about 20.4 MSm3 o.e. of gas for sale. The total volume is 1.1 MSm3 o.e. higher than for the same period in 2014.

Final production figures from January 2014 show an average daily production of about 1.544 million barrels of oil, 0.388 million barrels of NGL and condensate and a total of 10.3 billion Sm3 saleable gas production.

Related news

Latest news

USCG confirms OPtimarin in Line for Ballast Water Approval

The United States Coast Guard (USCG) has confirmed that Norwegian ballast water treatment specialist Optimarin has become the first supplier to submit an application for type approval.

New order for Servogear

Servogear announces that they have received a new order from Brødrene Aa. 

Norwater AS reports boost in sales

The Norwater team reports of great interest and busy days in 2016. In a press release, they state that as of the first 8 months of the year, 2016 sales are already beyond target for the year as a whole.

Gaia-facts reaching ground control

The European Space Agency (ESA) has released the first data from the Gaia mission, which has the tremendous task of building the most precise 3D map of the Milky Way.

Polish delegation for Norwegian circular waste management

Against the background of the EU's ambitious waste management targets, Norwegian and Polish stakeholders met on Wednesday 14 September in Drammen.

Milestone at Mongstad Water Treatment Plant

SAR AS reports that an extensive upgrade to the water treatment plant at Mongstad reached a new milestone July. 

Servogear signs new contract with Özata Shipyard

Servogear has announced the signing of a new contract with Özata Shipyard in Turkey. The contract includes the delivery of Servogear Ecoflow PropulsorTMfor two 39 meter passenger catamarans (YN 41 & YN 42).

Statoil and Petrobras strengthen strategic partnership

Statoil reports that they have strengthened their cooperation in Brazil by signing a Memorandum of Understanding (MoU) with Petrobras.

TechInvent and Island Offshore/Centrica announced winners of ONS Innovation Award

TechInvent and Island Offshore/Centrica were announced winners of the ONS 2016 Innovation Awards, at the Innovation Awards Ceremony Tuesday 30 August.