NPD releases January 2021 production figures

Source: press release, 16 February 2021

NCS production January 2021
NCS production January 2021 (illustration: NPD)

The Norwegian Petroleum Directorate (NPD) reports that preliminary production figures for January 2021 show an average daily production of 2,137,000 barrels of oil, NGL and condensate.

Total gas sales were 10.4 billion Sm3 (GSm3), which is an increase of 0.1 GSm3 from the previous month.

Average daily liquids production in January was: 1,804,000 barrels of oil, 321,000 barrels of NGL and 12,000 barrels of condensate.

Oil production in January is equal to the NPD’s forecast.

The total petroleum production in January 2021 is about 20.9 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 8.9 MSm3 o.e. of oil, about 1.6 MSm3 o.e. of NGL and condensate and about 10.4 MSm3 o.e. of gas for sale.

The total volume is 0.7 MSm3 o.e. higher than in January 2020.