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

Trump Calls Out California, UK Energy Deal

Egypt Instructs International Oil Companies to Double Production by 2030

Aquaterra Energy Gets Multi-Year Well Intervention Job off Spain

Current News

Trump Calls Out California, UK Energy Deal

DOF Group ASA Awarded Contract in Argentina

Jifmar, Seavium Partner to Roll Out AI Across Offshore Fleet

DUG Hooks Multi-Client Seismic Reprocessing Survey off Malaysia

Subscribe for OE Digital E‑News