NPD: production figures for November 2014

Preliminary production figures for November 2014 indicate an average daily production of around 1 939 000 bbls of oil, NGL and condensate.

This is 18 000 bpd (around 1%) less than in October 2014. Total gas sales were about 10.2 billion Sm³, which is 0.3 GSm³ less than the previous month.

The average daily liquid production in November was: 1 467 000 bbls of oil, 351 000 bbls of NGL and 121 000 bbls of condensate. The oil production is 5% below the NPD’s prognosis for November and 5% below the oil production in November last year.

The Fram H-Nord, Gullfaks Sør, Oseberg Sør, Skarv, Skuld, Ula and Visund fields had reduced production in November due to technical problems.

So far this year the oil production is about 1% above the NPD’s prognosis and about 2% higher than for the same period in 2013.

The total petroleum production for the first eleven months in 2014 is about 197.9 million standard m³ oil equivalent, broken down as follows: about 78.7 MSm³ o.e. of oil, about 21.3 MSm³ o.e. of NGL and condensate and about 98.0 MSm³ o.e. of gas for sale.  

Final production figures from October 2014 show an average daily production of about 1.528 million bbls of oil, 0.430 million bbls of NGL and condensate and a total of 10.5 billion Sm³ saleable gas production.

Adapted from a press release by David Bizley

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/17122014/npd-production-figures-for-november-2014/