Norway's July Gas Output Exceeds Forecast, Oil Lags

Terje Solsvik
Monday, August 22, 2022

Norway's crude oil output in July lagged the official forecast, while gas output exceeded expectations, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Monday. 

Crude oil output rose to 1.65 million barrels per day (bpd) in July from 1.33 million bpd in June, compared to a forecast of 1.85 million bpd, the NPD said. 

Natural gas production in July averaged 351.0 million cubic meters (mcm) per day, up from 332.0 mcm per day in June, and above the expected 332.5 mcm per day.

The full-month gas output rose to 10.9 billion cubic meters (bcm) from 10 bcm in June, NPD said. 

(Reuters - Reporting by Terje Solsvik, editing by Victoria Klesty)

Categories: Energy Industry News Activity Europe Production

Related Stories

Orsted: Middle East Energy Crunch Rejuvenates Europe Offshore Wind Push

European Consortium Targets Marine Noise from Offshore Wind Projects

Aker BP Brings Symra Field On Stream Nine Months Early

Current News

Turkey Launches Deep Sea Drilling Mission in Somalia

OMV Nominates BP Executive Emma Delaney as Next CEO

Petrobras Buys Back Petronas Stake in Two Brazil Offshore Fields

OneSubsea to Supply Production Boosting System for Shenandoah Field

Subscribe for OE Digital E‑News