Norway’s liquids production averaged 1.877 million b/d in October, the Norwegian Petroleum Directorate reported. Norway’s daily liquids production averaged 1.772 million b/d in September (OGJ Online, Oct. 28, 2020).
On Apr. 29, the government decided to implement a cut in Norwegian oil production. The production figures for oil in October include this cut of 134,000 b/d in the second half of 2020. Oil production in October is 6.6% lower than the NPD’s forecast, and 2.1% below the forecast so far this year.
The average daily liquids production in October consists of 1.611 million b/o, 253,000 bbl of NGL, and 14,000 bbl of condensate.
The main reasons that production in October was below forecast is strike and maintenance work on some fields.
The total petroleum production for the first 10 months of the year is about 188.6 million standard cu m oil equivalents.
