The production figures for oil in November include this cut of 134 000 barrels per day in the second half of 2020.
The Norwegian Petroleum Directorate’s oil production forecasts have been updated in the Government’s proposed Revised National Budget for 2020.
This was presented on 12 May. The update takes the authorities’ oil production regulation into account, as well as delayed start-up of fields under development and oil production in the first quarter.
Oil production in November is equal to the NPD’s forecast, and 1.9 percent below the forecast so far this year.
Production October 2020
Oil production 2020
Liquid production 2020
Gas production 2020
The total petroleum production for the first eleven months in 2020 is about 207.9 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 89.4 MSm3 o.e. of oil, about 16.5 MSm3 o.e. of NGL and condensate and about 101.9 MSm3 o.e. of gas for sale.
The total volume is 12.9 MSm3 o.e. higher than in 2019.
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The Norwegian Petroleum Directorate (NPD) has granted Wintershall Dea Norge AS drilling permit for well 6406/3-12 S in production licence 836 S, cf. Section 13 of the Resource Management Regulations. The well is a re-spud of well 6406/3-11 S and located 70m southeast of the first well.
The Petroleum Safety Authority (PSA), Norwegian Petroleum Directorate (NPD) and Norwegian Environment Agency (NEA) are postponing the planned seminar on safe CO2 storage due to ongoing work on updating the CO2 Storage Regulations.