December oil production below prediction (Norway)

This is 45 000 barrels per day (about 2 percent) less than in November 2014.

Total gas sales were about 11.1 billion Sm³, which is 0.9 GSm³ more than the previous month.

The average daily liquid production in December was: 1 441 000 barrels of oil, 352 000 barrels of NGL and 123 000 barrels of condensate. The oil production is 6 percent below the NPD’s prognosis for December and 7 percent below the oil production in December last year.

The production from the Brynhild field started in December.

The Balder, Draugen, Ekofisk, Fram, Fram H-Nord, Gullfaks Sør, Oseberg Sør, Skuld, Ula and Visund fields had reduced production in December due to technical problems.

The oil production in 2014 was about 1 percent above the NPD’s prognosis and about 1 percent higher than 2013.

The total petroleum production in 2014 was about 218.6 million standard cubic meters oil equivalents. (MSm³ o.e.), broken down as follows: about 85.9 MSm³ o.e. of oil, about 23.6 MSm³ o.e. of NGL and condensate and about 109.0 MSm³ o.e. of gas for sale.

Final production figures from November 2014 show an average daily production of about 1.488 million barrels of oil, 0.474 million barrels of NGL and condensate and a total of 10.2 billion Sm³ saleable gas production.

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