Preliminary production figures for January 2021 show an average daily production of 2 137 000 barrels of oil, NGL and condensate.
Total gas sales were 10.4 billion Sm3 (GSm3), which is an increase of 0.1 GSm3 from the previous month.
Average daily liquids production in January was: 1 804 000 barrels of oil, 321 000 barrels of NGL and 12 000 barrels of condensate.
Oil production in January is equal to the NPD’s forecast.
Production January 2021
Oil production 2021
Liquid production 2021
Gas production 2021
The total petroleum production in January 2021 is about 20.9 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 8.9 MSm3 o.e. of oil, about 1.6 MSm3 o.e. of NGL and condensate and about 10.4 MSm3 o.e. of gas for sale.
The total volume is 0.7 MSm3 o.e. higher than in January 2020.
The combination of high production of oil and gas from a total of 94 fields, significant demand and high commodity prices led to a historically high level on the State's revenues from petroleum. Much of this is due to record-high gas prices.
The Ministry of Petroleum and Energy has received applications from five companies in connection with the announcement of two areas associated with injection and storage of CO2 on the Norwegian continental shelf.