The Strategist

Liquid hydrocarbon production in Norway declines in January

02/22/2023 - 06:53

According to preliminary statistics compared to final data for December, liquid hydrocarbons output in Norway in January declined by 22,000 barrels per day, or 1.1%, equal to 1.979 million barrels per day, according to a study by the Norwegian Petroleum Directorate (NPD).

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The official numbers for December show that the nation's average daily production of liquid hydrocarbons was 2.001 million barrels.

NPD also points out that the result for January was 1.2% below that anticipated.

Production of all hydrocarbons, including oil, was 1.754 million barrels per day in January, 1.2% less than NPD's forecast and 1% less than the level in December. Also, in January, condensate production accounted for 25 thousand barrels per day and broad fraction of light hydrocarbons (BFLC) production was 200 thousand.

The released data also shows that Norway produced 356.8 million cubic meters of gas per day, 3.9% more than the NPD estimate and 1% less than in December.