Production figures March 2024

19/04/2024 Preliminary production figures for March 2024 show an average daily production of 2 086 000 barrels of oil, NGL and condensate.

Total gas sales were 11.3 billion Sm3 (GSm3), which is 0.9 (GSm3) more than the previous month.

Average daily liquids production in March was: 1 843 000 barrels of oil, 223 000 barrels of NGL and 20 000 barrels of condensate.

Production figures March 2024

		Oil mill bbl/day	Sum liquid mill bbl/day	Gas MSm³/day	Total MSm³ o.e/day
Production	March 2024	1.844	2.092	366.1	0.699

Forecast for	March 2024	1.763	2.008	360.9	0.680
Deviation from forecast		0.081	0.084	5.3	0.019
Deviation from forecaset in %		4.6 %	4.2 %	1.5 %	2.8 %

Production	February 2024	1.765	2.003	360.4	0.679
Deviation from	February 2024	0.079	0.089	5.8	0.020
Deviation in % from	February 2024	4.5 %	4.4 %	1.6 %	2.9 %

Production	March 2023	1.834	2.060	354.4	0.682
Deviation from	March 2023	0.010	0.032	11.8	0.017
Deviation in % from	March 2023	0.5 %	1.6 %	3.3 %	2.5 %

Oil production March 2024

Liquid production March 2024

Gas production March 2024

Oil production in March is 4.6 percent more than the NOD’s forecast and 1.9 percent more than the forecast so far this year.

The total petroleum production so far in 2024 is about 63.2 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 26.2 MSm3 o.e. of oil, about 3.5 MSm3 o.e. of NGL and condensate and about 33.5 MSm3 o.e. of gas for sale.

The total volume is 2.2 MSm3 o.e. higher than 2023.