Gulf Oil and Gas accountACCOUNT

Norway Sees Decrease in May Oil Production

Source: www.gulfoilandgas.com 6/21/2017, Location: Europe

Preliminary production figures for May 2017 show an average daily production of 1 980 000 barrels of oil, NGL and condensate, which is a decrease of 128 000 barrels per day compared to April.

Total gas sales were 9.3 billion Sm3 (GSm3), which is a decrease of 1.2 GSM3 from the previous month. “The decline in gas sales is as expected, caused by natural fluctuations in the market,” says assistant director Kirsti Veggeland.

Average daily liquids production in May was: 1 612 000 barrels of oil, 349 000 barrels of NGL and 18 000 barrels of condensate. The oil production is about 2.8 percent above the oil production in May last year and is about 1.9 percent above the NPD’s prognosis for May 2017. The oil production is about 1.9 percent above the prognosis so far this year.

The total petroleum production for the first five months in 2017 is about 101.9 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 39.9 MSm3 o.e. of oil, about 9.7 MSm3 o.e. of NGL and condensate and about 52.3 MSm3 o.e. of gas for sale. The total volume is 0.2 MSm3 o.e. higher than in 2016.

Final production figures from April 2017 show an average daily production of about 1.704 million barrels of oil, 0.404 million barrels of NGL and condensate and a total of 10.5 billion Sm3 saleable gas production.

Production News in Norway >>

Australia >>  12/5/2019 - Senex Energy has announced that the Gemba gas field in the Cooper Basin is on production following successful tie-in to the Santos-operated gas gather...
Iran >>  12/4/2019 - Pars Petrochemical Plant has increased its year-on-year productivity by 8% in the first 8 months of the current calendar year, which began on March 21...

Iraq >>  12/4/2019 - Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has produced its three-millionth tonne of oil since starting commercial production at the Sarqal...
Australia >>  12/3/2019 - Santos lifted its 2025 production target further to 120 million barrels of oil equivalent (mmboe), more than double 2018’s output. The new target, up ...

Indonesia >>  12/2/2019 - Premier is pleased to announce that it has achieved First Gas from its operated Bison, Iguana and Gajah Puteri (BIG-P) project in the Natuna Sea Block...
United States >>  11/25/2019 - Mosman Oil and Gas Limited, the oil exploration, development and production company, announces an update on its record production at the Stanley Proje...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Norway Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.