NPD releases January 2022 production figures

Source: press release, 22 February 2022

Oil production in 2022 (illustration: NPD)
Oil production in 2022 (illustration: NPD)

The Norwegian Petroleum Directorate (NPD) reports that preliminary production figures for January 2022 show an average daily production of 1,968,000 barrels of oil, NGL and condensate.

Total gas sales were 10.6 billion Sm3 (GSm3), which is a decrease of 0.4 GSm3 from the previous month.

Average daily liquids production in January was 1,736,000 barrels of oil, 223,000 barrels of NGL and 9,000 barrels of condensate.

Oil production in January is 2.3% lower than the NPD’s forecast.

The total petroleum production in January 2022 is about 20.3 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 8.6 MSm3 o.e. of oil, about 1.1 MSm3 o.e. of NGL and condensate and about 10.6 MSm3 o.e. of gas for sale.

The total volume is 0.4 MSm3 o.e. lower than in December 2021.