Norway's April Oil Output Lags Forecast

Wednesday, May 22, 2019
© Jone Gundersen / Adobe Stock

Norway's oil production fell 8.8 percent year-on-year in April to 1.38 million barrels per day, lagging the official forecast for the month by 0.6 percent, Norway's Petroleum Directorate (NPD) said on Wednesday.

Including condensate and natural gas liquids (NGL), the overall liquids production stood at 1.729 million barrels of oil equivalents per day, lagging the NPD prediction by 1.3 percent.

Technical problems at some fields were among the main reasons why production came in below forecast, NPD said.

Natural gas output in April rose 1.7 percent year-on-year to 338.9 million cubic metres per day, beating NPD's forecasts by 1.7 percent, it added. 


(Reporting by Terje Solsvik, editing by Nerijus Adomaitis)

Categories: Energy Activity Europe Oil Production Natural Gas

Related Stories

Equinor Selects Baker Hughes for P&A Ops at Oseberg East Field

Equinor Selects Baker Hughes for P&A Ops at Oseberg East Field

Poland to Open 4GW Offshore Wind Auction in December

Poland to Open 4GW Offshore Wind Auction in December

Harbour Energy Brings Maria Field Subsea Tieback Project on Stream

Harbour Energy Brings Maria Field Subsea Tieback Project on Stream

Current News

Equinor Gets Green Light for Drilling Job in Barents Sea

Chartwell Marine to Design CTV for NR Marine Services

Equinor Selects Baker Hughes for P&A Ops at Oseberg East Field

Poland to Open 4GW Offshore Wind Auction in December

Subscribe for OE Digital E‑News

Offshore Engineer Magazine