Norway's March Gas Output Drops, Lags Forecasts

©Lukasz Z/AdobeStock
©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)

Current News

Brazil Adopts Bill to Loosen Environmental Licensing

Brazil Adopts Bill to Loosen E

Germany and UK to Explore Establishing Hydrogen Pipeline in North Sea

Germany and UK to Explore Esta

Cadeler Buys Newly Built Jack-Up WTIV for O&M Services

Cadeler Buys Newly Built Jack-

Two Wildcat Wells on Equinor’s North Sea Drilling Agenda

Two Wildcat Wells on Equinor’s

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine