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Norwegian November Oil, Gas Output Rose MoM

OIL

Norway’s total liquids production in November rose to 2.014mbpd, up from 1.986mbpd in October but 2.4% below the forecast, NPD data showed.

  • November oil production stood at 1.779mbpd, 3.1% below the forecast but up from 1.772mbpd in October.
  • Natural gas production in November further recovered to 362.8mcm/d, 1.9% above the forecast and up from 328.7mcm/d in October, when maintenance was still curtailing supplies.

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