Norwegian Petroleum Directorate

12/20/2023 | Press release | Distributed by Public on 12/20/2023 03:33

Production figures November 2023

20/12/2023 Preliminary production figures for November 2023 show an average daily production of 2 014 000 barrels of oil, NGL and condensate.

Total gas sales were 10.9 billion Sm3 (GSm3), which is 0.7 (GSm3) higher than the previous month.

Average daily liquids production in November was: 1 779 000 barrels of oil, 216 000 barrels of NGL and 20 000 barrels of condensate.

Oil production in November is 3.1 percent lower than the NPD's forecast and 0.9 percent lower than the forecast so far this year.

Production figures November 2023

Oil
mill bbl/day 		Sum liquid
mill bbl/day 		Gas
MSm³/day 		Total
MSm³ o.e/day
Production November 2023 1.779 2.014 362.8 0.683
Forecast for November 2023 1.836 2.064 356.1 0.684
Deviation from forecast -0.057 -0.050 6.7 -0.001
Deviation from forecaset in % -3.1 % -2.4 % 1.9 % -0.1 %
Production October 2023 1.772 1.986 328.7 0.645
Deviation from October 2023 0.007 0.028 34.1 0.038
Deviation in % from October 2023 0.4 % 1.4 % 10.4 % 5.9 %
Production November 2022 1.749 1.971 345 0.658
Deviation from November 2022 0.030 0.043 17.8 0.025
Deviation in % from November 2022 1.7 % 2.2 % 5.2 % 3.8 %

Oil production November 2023

Liquid production November 2023

Gas production November 2023

The total petroleum production so far in 2023 is about 211.9 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 94.9 MSm3 o.e. of oil, about 11.7 MSm3 o.e. of NGL and condensate and about 105.4 MSm3 o.e. of gas for sale.

The total volume is 1.1 MSm3 o.e. less than in 2022.

Updated: 20/12/2023