Production figures March 2024

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Illustration picture

19/04/2024 Preliminary production figures for March 2024 show an average daily production of 2 086 000 barrels of oil, NGL and condensate.

Total gas sales were 11.3 billion Sm3 (GSm3), which is 0.9 (GSm3) more than the previous month.

Average daily liquids production in March was: 1 843 000 barrels of oil, 223 000 barrels of NGL and 20 000 barrels of condensate.

Production figures March 2024

Oil
mill bbl/day
Sum liquid
mill bbl/day
Gas
MSm³/day
Total
MSm³ o.e/day
Production March 2024 1.844 2.092 366.2 0.699
 
Forecast for March 2024 1.763 2.008 360.9 0.680
Deviation from forecast 0.081 0.084 5.3 0.019
Deviation from forecaset in % 4.6 % 4.2 % 1.5 % 2.8 %
 
Production February 2024 1.765 2.003 360.4 0.679
Deviation from February 2024 0.079 0.089 5.8 0.020
Deviation in % from February 2024 4.5 % 4.4 % 1.6 % 2.9 %
 
Production March 2023 1.834 2.060 354.4 0.682
Deviation from March 2023 0.010 0.032 11.8 0.017
Deviation in % from March 2023 0.5 % 1.6 % 3.3 % 2.5 %

Oil production March 2024

Liquid production March 2024

Gas production March 2024

Oil production in March is 4.6 percent more than the NOD’s forecast and 1.9 percent more than the forecast so far this year.
 
The total petroleum production so far in 2024 is about 63.2 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 26.2 MSm3 o.e. of oil, about 3.5 MSm3 o.e. of NGL and condensate and about 33.5 MSm3 o.e. of gas for sale.
 
The total volume is 2.2 MSm3 o.e. higher than 2023.
Contact

Ola Anders Skauby

Director Communication, public affairs and emergency response

Tel: +47 905 98 519

Updated: 21/05/2024