NPD releases July 2019 production figures

Source: press release, 16 August 2019

NCS production, July 2019
NCS production, July 2019 (illustration: NPD)

The Norwegian Petroleum Directorate (NPD) has released preliminary production figures for July 2019 show an average daily production of 1,799 000 barrels of oil, NGL and condensate, which is an increase of 402,000 barrels per day compared to June.

Total gas sales were 9.5 billion Sm(GSm3), which is an increase of 0.1 GSmfrom the previous month.

Average daily liquids production in July was: 1,447,000 barrels of oil, 326,000 barrels of NGL and 25,000 barrels of condensate.

Oil production in July is 2% higher than the NPD’s forecast, and 2.8% below the forecast so far this year.

The total petroleum production for the first seven months in 2019 is about 127.8 million Smoil equivalents (MSmo.e.), broken down as follows: about 45.1 MSmo.e. of oil, about 11,8 MSmo.e. of NGL and condensate and about 70.9 MSm3o.e. of gas for sale.

The total volume is 7.0 MSmo.e. lower than in 2018.