Production figures May 2022

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Illustration photo.

21/06/2022 Preliminary production figures for May 2022 show an average daily production of 1 831 000 barrels of oil, NGL and condensate.

Total gas sales were 10.0 billion Sm3 (GSm3), which is an increase of 0.1 GSm3 from the previous month.

Average daily liquids production in April was: 1 620 000 barrels of oil, 200 000 barrels of NGL and 11 000 barrels of condensate.

Oil production in May is 2.4 percent lower than the NPD’s forecast and 4.8 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 May 2022

    Oil Sum liquid Gas Total
    mill bbl/d mill bbl/d MSm³/d MSm³ o.e/d
Production May 2022 1.620 1.831 322.8 0.614
           
Forecast for May 2022 1.660 1.884 316.3 0.616
Deviation from forecast May 2022 -0.040 -0.053 6.5 -0.002
Deviation from forecast in % May 2022 -2.4% -2.8% 2.1% -0.3%
           
Production May 2021 1.662 1.846 28.5 0.574
Deviation from May 2021 -0.042 -0.015 42.3 0.040
Deviation in % from May 2021 -2.5% -0.8% 15.1% 7.0%
           
Production April 2022 1.664 1.860 329.2 0.625
Deviation from April 2022 -0.044 -0.029 -6.4 -0.011
Deviation in % from April 2022 -2.6% -1.6% -1.9% -1.8%


Oil production 2022

Figure of oil production 2022


Liquid production 2022

Figure of liquid production 2022


Gas production 2022

Figure of gas production 2022

 

 

The total petroleum production so far in 2022 is about 96.8 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 41.0 MSm3 o.e. of oil, about 5.1 MSm3 o.e. of NGL and condensate and about 50.8 MSm3 o.e. of gas for sale.

The total volume is 1.0 MSm3 o.e. higher than in 2021.

Updated: 21/06/2022

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