Skip to main content

NPD releases production figures for March 2021

Published by , Editor
Oilfield Technology,

Preliminary production figures released by the Norwegian Petroleum Directorate (NPD) for March 2021 show an average daily production of 2.094 million bbl of oil, natural gas liquids (NGLs) and condensate.

Total gas sales were 9.8 billion m3 (GSm3), which is an increase of 0.8 GSm3 from the previous month.

Average daily liquids production in March was 1.773 million bbl of oil, 309 000 bbl of NGL and 12 000 bbl of condensate.

Oil production in March was 0.7% lower than the NPD’s forecast, and 0.2% lower than the forecast so far this year.

The total petroleum production for the first three months in 2021 was approximately 59.2 million m3 oil equivalents, broken down as follows: about 25.6 million m3 oil equivalents of oil, about 4.5 million m3 oil equivalents of NGLs and condensate and about 29 million m3 oil equivalents of gas for sale.

The total volume is 1.5 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:

You might also like


Embed article link: (copy the HTML code below):