NPD releases production figures for March 2021
Published by Nicholas Woodroof,
Editor
Oilfield Technology,
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: https://www.oilfieldtechnology.com/offshore-and-subsea/20042021/npd-releases-production-figures-for-march-2021/
You might also like
Rhino Resources and Halliburton to sign contract for integrated deep-water services offshore Namibia
Halliburton Company has announced it has been awarded a deep water integrated multi-well construction contract by Rhino Resources, a private company engaged in both onshore and offshore energy exploration in Africa.