NPD releases December 2019 production figures

Source: press release, 17 January 2020

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

The Norwegian Petroleum Directorate (NPD) preliminary production figures for December 2019, show an average daily production of 2,082,000 barrels of oil, NGL and condensate, which is an increase of 95,000 barrels per day compared to November.

Total gas sales were 10.7 billion Sm3 (GSm3), which is an increase of 0.7 GSm3 from the previous month.

Average daily liquids production in December was: 1,759,000 barrels of oil, 296,000 barrels of NGL and 27,000 barrels of condensate.

Oil production in December is 12.7% higher than the NPD’s forecast, and 0.5% below the forecast for 2019.

The total petroleum production in 2019 was about 216.0 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 81.8 MSm3 o.e. of oil, about 19,0 MSm3 o.e. of NGL and condensate and about 115.2 MSm3 o.e. of gas for sale. The total volume is 13.6 MSm3 o.e. lower than in 2018.