Norway's April Oil Output Lags Forecast

Wednesday, May 22, 2019

Norway's oil production fell 8.8 percent year-on-year in April to 1.38 million barrels per day, lagging the official forecast for the month by 0.6 percent, Norway's Petroleum Directorate (NPD) said on Wednesday.

Including condensate and natural gas liquids (NGL), the overall liquids production stood at 1.729 million barrels of oil equivalents per day, lagging the NPD prediction by 1.3 percent.

Technical problems at some fields were among the main reasons why production came in below forecast, NPD said.

Natural gas output in April rose 1.7 percent year-on-year to 338.9 million cubic metres per day, beating NPD's forecasts by 1.7 percent, it added. 


(Reporting by Terje Solsvik, editing by Nerijus Adomaitis)

Categories: Energy Activity Europe Oil Production Natural Gas

Related Stories

Serica Energy Lowers 2024 Production Outlook Due to Triton FPSO Outage

Iberdrola Invests in Offshore Wind Coatings Start-Up

Norway's O&G Production Beats Expectations

Current News

US Court Ready to restart Citgo Auction

Trump to Boost LNG Exports, Oil Drilling from Day 1

Oil Slips as U.S. Gasoline Stocks Surprise

Korean Operator Orders Offshore Wind CTV from Strategic Marine

Subscribe for OE Digital E‑News