NPD releases October 2021 production figures

Source: press release, 19 November 2021

Oil production in 2021 (illustration: NPD)
Oil production in 2021 (illustration: NPD)

The Norwegian Petroleum Directorate (NPD) reports that preliminary production figures for October 2021 show an average daily production of 2,062,000 barrels of oil, NGL and condensate.

Total gas sales were 10.4 billion Sm3 (GSm3), which is an increase of 1.5 GSm3 from the previous month.

Average daily liquids production in October was: 1,815,000 barrels of oil, 237,000 barrels of NGL and 10,000 barrels of condensate.

Oil production in October is 2.8% higher than the NPD’s forecast, and 1.0% higher than the forecast so far this year.

The total petroleum production so far in 2021 is about 191.1 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 84.9 MSm3 o.e. of oil, about 12.8 MSm3 o.e. of NGL and condensate and about 93.4 MSm3 o.e. of gas for sale.

The total volume is 2.4 higher than the 2020-figures.