Looking for a specific product?

Make a search for products & suppliers, articles & news.

Norway: February oil production beats NPD’s prognosis

The Norwegian Petroleum Directorate (NPD) has reported that preliminary production figures for February 2015 indicate an average daily production of about 1 925 000 barrels of oil, NGL and condensate.

This is 6 000 barrels per day (about 0.3 percent) less than in January 2015. Total gas sales were about 10.1 billion Sm3, which is 0.2 GSm3less than previous month.

The average daily liquid production in February was: 1 548 000 barrels of oil, 332 000 barrels of NGL and 45 000 barrels of condensate. The oil production is 0.3 percent above the oil production in February last year.

According to NPD, the following fields had reduced production in February due to various technical problems: Brynhild, Draugen, Ekofisk and Eldfisk. The Gudrun field has been shut down since the February 18, due to a gas leak.

The oil production is about 2 percent above the NPD’s prognosis for the month.

The total petroleum production for the first two months in 2015 is about 38.5 million Sm3 oil equivalents. (MSm3 o.e.), broken down as follows: about 14.5 MSm3 o.e. of oil, about 3.6 MSm3 o.e. of NGL and condensate and about 20.4 MSm3 o.e. of gas for sale. The total volume is 1.1 MSm3 o.e. higher than for the same period in 2014.

Final production figures from January 2014 show an average daily production of about 1.544 million barrels of oil, 0.388 million barrels of NGL and condensate and a total of 10.3 billion Sm3 saleable gas production.

Related news

Latest news

Record-breaking Aqua Nor!

Aqua Nor 2017 closed its doors after four fantastic days. The final count showed that no less than 27 110 visitors had found their way to the exhibition. This represents an increase of over 30% compared to Aqua Nor 2015.

CLOUD COMPUTING, FISHTALK & AKVA CONNECT - SOLUTIONS & AMBITIONS

In partnership with key customers, 

Students design autonomous containers to disrupt sea freight of aquaculture products

Along with eight other graduates, he has developed SEAtrue, 

DNV GL applies data analytics techniques to reduce downtime

“We’ve seen similar results in several other digitalization initiatives we’ve had lately. 

DNV GL and Siemens lead the way in asset lifecycle management for the oil and gas industry

In collaboration with Siemens, 

Eimskip strengthens its worldwide forwarding services by acquiring the logistics company SHIP-LOG A/S in Denmark

Eimskip has strengthened its position in worldwide logistics services by acquiring 75% of the freight forwarding company SHIP-LOG. 

For Sale Assets from the former BMV LAKSEVÄG YARD in Bergen, Norway!

For Sale Assets from the former BMV LAKSEVÄG YARD in Bergen, Norway! The entire shipbuilding and fabricating facility is closing and more than 500 lots is on sale.

Servogear CPP for Seasight II - Future of the Fjords

We are proud to announce that Servogear has been chosen for the delivery of Servogear...

TechnipFMC Signs Agreement with Pall to Supply Slurry Oil Filtration Systems for Fluid Catalytic Cracking Units

The associated activities will be managed by TechnipFMC Process Technology’s center in Houston,