Norwegian Offshore Directorate

09/20/2024 | Press release | Distributed by Public on 09/20/2024 05:12

Production figures August 2024

20/09/2024 Preliminary production figures for August 2024 show an average daily production of 1 982 000 barrels of oil, NGL and condensate.

Total gas sales were 10.8 billion Sm3 (GSm3), which is 0.4 (GSm3) less than the previous month.

Average daily liquids production in August was: 1 765 000 barrels of oil, 198 000 barrels of NGL and 19 000 barrels of condensate.

Oil production in August is 7.5 percent more than the NOD's forecast and 3.3 percent more than the forecast so far this year.

Production figures August 2024

Oil
mill bbl/day 		Sum liquid
mill bbl/day 		Gas
MSm³/day 		Total
MSm³ o.e/day
Production August 2024 1.765 1.982 348.7 0.664
Forecast for August 2024 1.642 1.878 314.6 0.613
Deviation from forecast 0.123 0.104 34.1 0.051
Deviation from forecaset in % 7.5 % 5.5 % 10.8 % 8.3 %
Production July 2024 1.827 2.083 360.7 0.692
Deviation from July 2024 -0.062 -0.101 -12 -0.028
Deviation in % from July 2024 -3.4 % -4.8 % -3.3 % -4 %
Production August 2023 1.790 2.013 313.7 0.634
Deviation from August 2023 -0.025 -0.031 35 0.030
Deviation in % from August 2023 -1.4 % -1.5 % 11.2 % 4.7 %

Oil production August 2024

Liquid production August 2024

Gas production August 2024

The total petroleum production so far in 2024 is about 165.0 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 69.3 MSm3 o.e. of oil, about 9.4 MSm3 o.e. of NGL and condensate and about 86.3 MSm3 o.e. of gas for sale. The total volume is 8.4 MSm3 o.e. higher than 2023.

Updated: 20/09/2024