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 figures May 2022

Oil
mill bbl/day
Sum liquid
mill bbl/day
Gas
MSm³/day
Total
MSm³ o.e/day
Production May 2022 1.626 1.804 324.1 0.611
 
Forecast for May 2022 1.660 1.884 316.3 0.616
Deviation from forecast -0.034 -0.080 7.7 -0.005
Deviation from forecaset in % -2 % -4.2 % 2.4 % -0.8 %
 
Production April 2022 1.664 1.860 329.2 0.625
Deviation from April 2022 -0.038 -0.056 -5.1 -0.014
Deviation in % from April 2022 -2.3 % -3 % -1.5 % -2.2 %
 
Production May 2021 1.662 1.846 280.5 0.574
Deviation from May 2021 -0.036 -0.042 43.6 0.037
Deviation in % from May 2021 -2.2 % -2.3 % 15.5 % 6.4 %

Oil production May 2022

Liquid production May 2022

Gas production May 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.

Contact

Ola Anders Skauby

Director Communication, public affairs and emergency response

Tel: +47 905 98 519

Updated: 12/09/2022