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Production News in Norway

Neptune Energy Announces Start-up of Gjoa P1 Development
2/23/2021 - Operator Neptune Energy and its partners Wintershall Dea, Petoro and OKEA has announced that production has started from the Gjøa P1 development in the Norwegian sector of the North Sea.

G...
Equinor Plans Shutdown for the Veslefrikk Field
2/22/2021 - After more than 30 years on stream and over 400 million barrels of oil equivalent the Veslefrikk partnership is now planning for shutdown of the field in the spring of 2022. The plugging of wells has ...
Plenty of Oil and Gas Left on the Norwegian Shelf
2/17/2021 - In the updated Resource Accounts, the Norwegian Petroleum Directorate projects that there are 8 billion standard cubic metres of oil equivalent (Sm3 o.e.) left to produce on the Norwegian continental ...
Norway's Oil Production in January is Equal to the NPD’s Forecast
2/16/2021 - Norway's preliminary production figures for January 2021 show an average daily production of 2,137,000 barrels of oil, NGL and condensate.

Total gas sales were 10.4 billion Sm3 (GSm3), whic...
Possible Strike Could Affect NCS Fields
2/12/2021 - Mediation will take place on Monday 15 February between the union SAFE and Norwegian Oil and Gas Association. This can potentially lead to a strike which could affect activity at the terminal at Mongs...
Aker BP Announces Fourth Quarter 2020 Results
2/4/2021 - Aker BP presents its annual update to the capital markets. The strategy remains firm and the company is in excellent position to execute on its plan for profitable growth with low costs and strong env...
Lundin Announces Its 2021 Budget, Accelerated Decarbonisation Strategy
1/28/2021 - Lundin Energy AB is pleased to announce its 2021 programme, with a capital budget of USD 1.2 billion and production guidance of between 170 to 190 thousand barrels of oil equivalent per day (Mboepd). ...
Expecting Third Capacity Increase at Johan Sverdrup
1/28/2021 - The Johan Sverdrup field is expected to increase its daily production capacity up to 535,000 barrels of oil by mid-2021. This is around 100,000 barrels more than the original basis at start-up in Octo...
Production Figures December 2020
1/22/2021 - Preliminary production figures for December 2020 show an average daily production of 2 135 000 barrels of oil, NGL and condensate.

Average daily liquids production in December was: 1 811 0...
Lundin Energy Announces Resource Additions of 210 Percent of 2020 Production
1/12/2021 - Lundin Energy AB has announced that as at 31 December 2020, its proved plus probable net reserves (2P reserves) are 671 million barrels of oil equivalent (MMboe 1,2) and its proved plus probable plus ...
Production Figures November 2020 in Norway
12/18/2020 - Preliminary production figures for November 2020 show an average daily production of 2 026 000 barrels of oil, NGL and condensate.

Average daily liquids production in November was: 1 725 0...
PGNiG Group Set to Start Production from New Oil Field in Norway
12/18/2020 - PGNiG Upstream Norway and its licence partners have decided to go ahead with the development of the Gråsel field in the Norwegian Sea, targeting first production in the fourth quarter of 2021.

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Snorre Expansion Project in Production
12/14/2020 - Production commenced from the Snorre Expansion Project in the North Sea. This major Increased Oil Recovery project will add almost 200 million barrels of recoverable oil reserves and help extend the p...
ConocoPhillips Starts Production from Tor II
12/3/2020 - ConocoPhillips Scandinavia (operator) and its partners in the Tor Unit have started production from Tor II. The Tor II project is a redevelopment of the Tor field, which was on production from 1978 th...
Production Figures October 2020
11/23/2020 - Preliminary production figures for October 2020 show an average daily production of 1 877 000 barrels of oil, NGL and condensate. ...
Johan Sverdrup Field Production Capacity Increased
11/18/2020 - Once again, the Johan Sverdrup field is increasing its daily production capacity, expecting to reach around 500,000 barrels of oil per day by the end of the year – around 60,000 barrels more than the ...
Noreco Announces Third Quarter 2020 Results
11/11/2020 - Norwegian Energy Company ASA (“Noreco”) announced its third quarter 2020 results. The third quarter results were strong both financially and operationally. The Company’s financial performance remains ...
Lundin Announces Report for the 9Months Ended 30 September 2020
10/30/2020 - • Strong free cash flow generation of MUSD 546 with an achieved oil price of USD 38.07 per boe for the first nine months
• Third quarter production of 157.5 Mboepd and free cash flow of MUSD 164...
Production Figures September 2020
10/28/2020 - Preliminary production figures for September 2020 show an average daily production of 1 772 000 barrels of oil, NGL and condensate. ...
Neptune Provides 2020 Production Update
10/27/2020 - Neptune Energy announced that following a fire at the Hammerfest LNG plant in Norway on 28 September, Equinor, the operator of the plant, informed its joint venture partners on 26 October that the LNG...

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