Norway's November Oil and Gas Production Falls Short of Expectations

Published

©Lukasz Z/AdobeStock
©Lukasz Z/AdobeStock

Norway's crude oil and gas output fell in November from the previous month, lagging official forecasts, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday. 

Crude oil output fell to 1.74 million barrels per day (bpd) in November, 8.7% below a forecast of 1.91 million bpd and down from 1.75 million bpd in October, the NPD said. 

Natural gas production in November averaged 346.4 million cubic meters (mcm) per day, 1.8% below a forecast of 352.8 mcm per day and down from 349.4 mcm per day in October. 

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

Current News

Meg O’Neill to Serve as Next CEO of bp

Meg O’Neill to Serve as Next C

Petrobras Strike Extends to Offshore Oil Platforms in Campos Basin

Petrobras Strike Extends to Of

US Government Debates Reconsidering Approval of Virginia Offshore Wind Project

US Government Debates Reconsid

Canada’s $4B Floating LNG Scheme Secures 12-Year Export Deal

Canada’s $4B Floating LNG Sche

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine