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World Oil: Norwegian oil, gas production continues to miss forecast targets
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World Oil: Norwegian oil, gas production continues to miss forecast targets
Business
Date posted: 27.09.2019
Category: Business News
OSLO – The Norwegian Petroleum Directorate’s preliminary production figures for August 2019 show an average daily production of 1.647 MMbbl of oil, NGL and condensate, which is a decrease of 67,000 barrels per day compared to July.
Average daily liquids production in August was 1.353 MMbbl of oil, 267,000 bbl of NGL and 27,000 bbl of condensate. Oil production in July is 3.9 percent lower than the NPD’s forecast, and 3.7 percent below the forecast so far this year.
Read entire article HERE.
Source: World Oil
Published: December 27, 2024