Total gas sales were 8.7 billion m3, which is a decrease of 0.7 m3 from the previous month.
Average daily liquids production in May was: 1.65 million bbl of oil, 195 000 bbl of NGLs and 11 000 bbl of condensate.
Oil production in May was 4% higher than the NPD’s forecast, and 1.2% higher than the forecast so far this year.
The total petroleum production for the first five months in 2021 is about 96 million m3 oil equivalents, broken down as follows: about 41.9 million m3 oil equivalents of oil, about 6.9 million m3 oil equivalents of NGLs and condensate and about 47.2 million m3 oil equivalents of gas for sale.
The total volume is 2 million m3 oil equivalents lower than in 2020.
Read the latest issue of Oilfield Technology in full for free: Issue 1 2021
Oilfield Technology’s first issue of 2021 begins with a look at US tight oil’s prospects this year. The issue then moves on to cover completions technology, production forecasting, electric fracturing, sand recovery and more.
Exclusive contributions come from Rystad Energy, Archer, Weatherford, Halliburton, CGG, NOV, TETRA Technologies, Clariant and more.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/18062021/norways-oil-production-in-may-higher-than-forecast/