Norway's oil and gas production decreases in August

Some of the oil and gas fields reduced production due to maintenance and technical problems.

Norway's oil and gas production decreases in August

World Bulletin / News Desk

Norway's oil production decreased by 4 percent in August compared to July, Norwegian Petroleum Directorate (NPD), a governmental specialist directorate and administrative body, said on Tuesday.

Norwegian Petroleum Directorate said in a press release that Norway produced 79 thousand barrels of oil per day which is 4 percent less than in July 2014.

Total gas sales were about 7.3 bcm which is 0.7 bcm less than the previous month.

The company said the fall is because of the maintenance and technical problems at The Fram, Skuld and Troll fields, which are located in Norwegian and North Sea. These fields had reduced production in August.

The average daily liquid production in August was 1.485 thousand barrels of oil, 301 thousand barrels of natural gas liquids and 56 thousand barrels of condensate.

Final production figures from July 2014 show an average daily production of about 1.5 million barrels of oil, 0.4 million barrels of natural gas liquids and condensate and a total of 8 bcm commercial gas production.

Last Mod: 17 Eylül 2014, 15:53
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