NPD production figures December 2015
Published by Louise Mulhall,
Editorial Assistant
Oilfield Technology,
Preliminary production figures for December 2015 show an average daily production of about 2 023 000 bbls, NGL and condensate. This is 37 000 bpd (about 2.0%) more than November 2015. Total gas sales were about 11.2 billion Sm3, which is 0.6 GSm3 more than the previous month. The average daily liquid production in December was: 1 609 000 bbls 367 000 bbls of NGL and 47 000 bbls of condensate. The oil production is about 2.5% above the oil production in December last year.
The oil production is about 5% above the NPD’s prognosis for the month.
The total petroleum production in 2015 was about 230.1 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 90.8 MSm3 o.e. of oil, about 22.1 MSm3 o.e. of NGL and condensate and about 117.2 MSm3 o.e. of gas for sale. The total volume is 11.7 MSm3 o.e. higher than in 2014.
Final production figures from November 2015 show an average daily production of about 1.602 million bbls , 0.384 million bbls of NGL and condensate and a total of 10.6 billion Sm3 saleable gas production.
Adapted from a press release by Louise Mulhall
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/15012016/production-figures-december-2015/
You might also like
Subsea Integration Alliance signs collaboration agreement with Equinor
The agreement enables early information sharing and other collaborative benefits critical to unlocking subsea projects by making them economically viable.