Photo: Illustration; Source: NPD

Norway: April oil output rises above NPD predictions

Norway’s oil production in April 2021 was just over three per cent above predictions made by the Norwegian Petroleum Directorate (NPD).

Preliminary production figures for April 2021 show an average daily production of 2,008,000 barrels of oil, NGL, and condensate.

Total gas sales were 9.2 billion Sm3 (GSm3), which is a decrease of 0.6 GSm3 from the previous month.

Average daily liquids production in April was: 1 725 000 barrels of oil, 270 000 barrels of NGL and 13 000 barrels of condensate.

Oil production in April is 3.2 per cent higher than the NPD’s forecast, and 0.7 per cent higher than the forecast so far this year.

Source: NPD

The total petroleum production for the first four months in 2021 is about 78.0 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 33.8 MSm3 o.e. of oil, about 5.9 MSm3 o.e. of NGL and condensate and about 38.3 MSm3 o.e. of gas for sale. The total volume is 1.7 MSm3 o.e. lower than in 2020.