Norway’s liquids production averaged 2.135 million b/d in December, the Norwegian Petroleum Directorate reported. Norway’s daily liquids production averaged 2.026 million b/d in November (OGJ Online, Dec. 18, 2020).
On Apr. 29, the government decided to implement a cut in Norwegian oil production. The production figures for oil in December include this cut of 134,000 b/d in the second half of 2020. Oil production in December is 5% higher than the NPD’s forecast, and 1.3% below the forecast this year.
The average daily liquids production in December consists of 1.811 million b/o, 310,000 bbl of NGL, and 13,000 bbl of condensate.
The total petroleum production in 2020 is about 228.8 million standard cu m oil equivalents. The total volume is 12.9 million standard cu m oil equivalents higher than in 2019.
