22/01/2021
Preliminary production figures for December 2020 show an average daily production of 2 135 000 barrels of oil, NGL and condensate.
Average daily liquids production in December was: 1 811 000 barrels of oil, 310 000 barrels of NGL and 13 000 barrels of condensate.
On 29 April 2020, the Government decided to implement a cut in Norwegian oil production.
The production figures for oil in December include this cut of 134 000 barrels per day in the second half of 2020.
The Norwegian Petroleum Directorate’s oil production forecasts have been updated in the Government’s proposed Revised National Budget for 2020. This was presented on 12 May. The update takes the authorities’ oil production regulation into account, as well as delayed start-up of fields under development and oil production in the first quarter.
Oil production in December is 5.0 percent higher than the NPD’s forecast, and 1.3 percent below the forecast this year.
Production December 2020
Oil production 2020
Liquid production 2020
Gas production 2020
The total petroleum production in 2020 is about 228.8 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 98.4 MSm3 o.e. of oil, about 18.1 MSm3 o.e. of NGL and condensate and about 112.3 MSm3 o.e. of gas for sale.
The total volume is 12.9 MSm3 o.e. higher than in 2019.
22/01/2025
Orlen Upstream Norway and its partner Norske Shell have drilled a dry well, wildcat well 6305/10-1 “Tomcat”, in the southern part of the Norwegian Sea.
21/01/2025
The Norwegian Offshore Directorate has granted OMV (Norge) AS drilling permit for wellbore 35/6-6 in production licence 1109, cf. Section 13 of the Resource Management Regulations.
17/01/2025
Vår Energi ASA and its partners found gas in the “Elgol” prospect; however, preliminary estimates indicate that the discovery is not profitable given current price assumptions.
14/01/2025
In the 2024 awards in pre-defined areas (APA), 20 companies have been offered ownership interests in a total of 53 production licences on the Norwegian continental shelf (NCS).
09/01/2025
The Norwegian Offshore Directorate's summary of activity on the Norwegian continental shelf in 2024 shows that gas production is higher than ever.
08/01/2025
The Norwegian Offshore Directorate has granted DNO Norge AS drilling permit for wellbore 35/10-15 S in production licence 1182 S, cf. Section 13 of the Resource Management Regulations.
08/01/2025
The Norwegian Offshore Directorate has granted Aker BP ASA drilling permit for wellbore 6507/2-8 in production licence 942, cf. Section 13 of the Resource Management Regulations.
