Norway's July Oil Output Beats Forecast

Published

Photo: Ole Jørgen Bratland, Equinor
Photo: Ole Jørgen Bratland, Equinor

Norway's oil production fell 5.2% year-on-year in July to 1.447 million barrels per day, exceeding the official forecast for the month by 2%, Norway's Petroleum Directorate (NPD) said on Friday.

Including condensate and natural gas liquids (NGL), the overall liquids production stood at 1.799 million barrels of oil equivalents per day.

Natural gas output in July fell 9.8% year-on-year to 307.4 million cubic metres per day, lagging NPD's forecasts by 6.2%, it added.


(Reporting by Terje Solsvik, Editing by Lefteris Karagiannopoulos)

Current News

Borr and Ocean Oilfield to Buy Six Noble Rigs in $424M Transactions

Borr and Ocean Oilfield to Buy

Transocean’s Ultra-Deepwater Drillship Up for $130M Australian Job

Transocean’s Ultra-Deepwater D

Petronas Enlists MISC for FPU Job at Gas Field Offshore Brunei

Petronas Enlists MISC for FPU

Equinor’s First Hybrid Power Complex Starts Operations

Equinor’s First Hybrid Power C

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine