Despite curbed investment and waves of layoffs Norway still managed booked a 12 percent year-over-year jump in September oil production.
Preliminary production figures for September 2015 show an average daily production of about 1,864,000 barrels of oil, natural gas liquids (NGL) and condensate, the Norwegian Petroleum Directorate said.
The September total is 58,000 barrels per day, or about 3 percent, less than August 2015 with total gas sales dropping by 0.3 GSm3 to 9.3 billion Sm3 from the previous month.
Norway pumped an average of 1,543,000 barrels of oil per day, 4.8 percent above its September 2014 total and 12 percent higher than the NPD’s forecast for the month.
The country also produced 279,000 barrels of NGL and 42,000 barrels of condensate per day in September.
The country’s total petroleum production for the first nine months of the year was about 168.1 million Sm3 of oil equivalents with about 67.2 MSm3 o.e. of oil, about 16.3 MSm3 o.e. of NGL and condensate and about 84.6 MSm3 o.e. of gas for sale.
The nine month total volume is 10.0 MSm3 o.e. higher than the same period in 2014.
Final production figures from August 2015 show an average daily production of about 1.556 million barrels of oil, 0.365 million barrels of NGL and condensate and a total of 9.6 billion Sm3 saleable gas production, the NPD said.