Norway's March Gas Output Drops, Lags Forecasts

Nerijus Adomaitis
Wednesday, April 19, 2023
©Lukasz Z/AdobeStock

Norway's natural gas output declined in March from February, missing official forecasts, while oil output grew slightly more than expected, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Wednesday. 

Crude oil output was 1.83 million barrels per day (bpd) against 1.77 million in February and a forecast 1.82 million, the NPD said in a statement.

Natural gas output declined in March to 340.4 million cubic meters (mcm) per day from 354.5 mcm per day in February, lower than the forecast 352.8 mcm per day, it said. 

(Reuters - Reporting by Nerijus Adomaitis, editing by Terje Solsvik)

Categories: Energy Industry News Activity Europe Production

Related Stories

First Spanish-Built Jackets Set Sail for French Offshore Wind Farm

First Spanish-Built Jackets Set Sail for French Offshore Wind Farm

Agogo FPSO Produces First Oil at Azule Energy’s Field off Angola

Agogo FPSO Produces First Oil at Azule Energy’s Field off Angola

Norway's Oil and Gas June Output Exceeds Expectations

Norway's Oil and Gas June Output Exceeds Expectations

Current News

SLB Acquires Well Intervention Software Specialist

DOF Scoops Over $220M for AHTS Vessel Contracts with Petrobras

Record Production Boosts Chevron’s Second Quarter Earnings

ExxonMobil’s Profit Shoots Above Expectations

Subscribe for OE Digital E‑News

Offshore Engineer Magazine