NPD releases September 2019 production figures

Source: press release, 15 October 2019

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

The Norwegian Petroleum Directorate (NPD) has released its preliminary production figures for September 2019, which show an average daily production of 1,574,000 barrels of oil, NGL and condensate, which is a decrease of 86,000 barrels per day compared to August.

Total gas sales were 5.8 billion Sm3 (GSm3), which is a decrease of 2.4 GSm3 from the previous month.

Average daily liquids production in September was 1,312,000 barrels of oil, 244,000 barrels of NGL and 18,000 barrels of condensate.

Oil production in September is 7.7% lower than the NPD’s forecast, and 4.1% below the forecast so far this year. The main reasons that production in September was below forecast is technical problems and maintenance work on some fields.

The total petroleum production for the first nine months in 2019 is about 157.1 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 57.7 MSm3 o.e. of oil, about 14.5 MSm3 o.e. of NGL and condensate and about 84.9 MSm3 o.e. of gas for sale. The total volume is 13.8 MSm3 o.e. lower than in 2018.