Norway production increased in November, NPD says

Norway’s liquids production averaged 2.026 million b/d in November, the Norwegian Petroleum Directorate reported. Norway’s daily liquids production averaged 1.877 million b/d in October (OGJ Online, Nov. 23, 2020).

On Apr. 29, the government decided to implement a cut in Norwegian oil production. The production figures for oil in November include this cut of 134,000 b/d in the second half of 2020.  Oil production in November is equal to the NPD’s forecast, and 1.9% below the forecast so far this year.

The average daily liquids production in November consists of 1.725 million b/o, 290,000 bbl of NGL, and 12,000 bbl of condensate.

The total petroleum production for the first 11 months of the year is about 207.9 million standard cu m oil equivalents.