Norway’s monthly oil & gas output goes down a notch in April

Norway saw a slight rise in gas production in April 2023 compared to the Norwegian Petroleum Directorate’s predictions and the volume seen last year, however, this is still lower than the figures from March 2023. While the oil output is also higher than last year, it is below the one recorded during the month before and the NPD’s forecast.

According to the NPD’s recent report, preliminary production figures for April 2023 show an average daily production of 2 035 000 barrels of oil, NGL and condensate.

Total gas sales were 10.2 billion Sm3 (GSm3), which is 0.7 (GSm3) less than the previous month.

Average daily liquids production in April was: 1 808 000 barrels of oil, 205 000 barrels of NGL and 23 000 barrels of condensate.

Oil production in April is 0.5 per cent lower than the NPD’s forecast and 1.3 per cent lower than the forecast so far this year.

Production figures for April 2023

The total petroleum production so far in 2023 is about 80,7 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 34.3 MSm3 o.e. of oil, about 4.3 MSm3 o.e. of NGL and condensate and about 42.1 MSm3 o.e. of gas for sale. The total volume is 2.9 MSm3 o.e. higher than in 2022.