Correction of production figures October 2022

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Illustration photo.

25/11/2022 NPD has made an adjustment to the preliminary gas-production figures for October.

The reason for the correction is missing numbers in the basis for calculation.

Preliminary production figures for October 2022 show an average daily production of 1 950 000 barrels of oil, NGL and condensate,

Total gas sales were 10.8 billion Sm3 (GSm3), which is an increase of 1.7 (GSm3) to the previous month.

Average daily liquids production in October was: 1 745 000 barrels of oil, 187 000 barrels of NGL and 19 000 barrels of condensate.

Oil production in October is 7.3 percent lower than the NPD’s forecast and 5.4 percent lower than the forecast so far this year. The forecasts for gas and NGL have been updated in line with the Governments prognosis for production in the revised national budget.

Production figures October 2022

Oil
mill bbl/day
Sum liquid
mill bbl/day
Gas
MSm³/day
Total
MSm³ o.e/day
Production October 2022 1.745 1.950 348.5 0.659
 
Forecast for October 2022 1.882 2.141 352.4 0.693
Deviation from forecast -0.137 -0.191 -3.9 -0.034
Deviation from forecaset in % -7.3 % -8.9 % -1.1 % -4.9 %
 
Production September 2022 1.640 1.835 303.3 0.595
Deviation from September 2022 0.105 0.115 45.2 0.064
Deviation in % from September 2022 6.4 % 6.3 % 14.9 % 10.8 %
 
Production October 2021 1.818 2.065 344.4 0.673
Deviation from October 2021 -0.073 -0.115 4.1 -0.014
Deviation in % from October 2021 -4 % -5.6 % 1.2 % -2.1 %

Oil production October 2022

Liquid production October 2022

Gas production October 2022

The total petroleum production so far in 2022 is about 193.0 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 80.7 MSm3 o.e. of oil, about 10.1 MSm3 o.e. of NGL and condensate and about 102.2 MSm3 o.e. of gas for sale.

The total volume is 1.5 MSm3 o.e. higher than in 2021.

Contact

Ola Anders Skauby

Director Communication, public affairs and emergency response

Tel: +47 905 98 519

Updated: 25/11/2022