Sunday, April 17, 2016

Oil production increased and is above the forecast – Romsdals Budstikke

Liquids production in March was distributed at 1,594,000 barrels of oil, 382,000 barrels of natural gas liquids (NGL) and 36,000 barrels of condensate on average per day. There is a decrease of 51,000 barrels – about 2.5 percent – from February this year, according to preliminary figures from the NPD.

oil production was about 4 percent higher than in March last year. It is also 0.5 percent above NPD’s forecast for March 2016.

Gas sales totaled 11.2 billion standard cubic meters (GSm3) in March. This is 0.7 GSm3 more than in the previous month. (© NTB)

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