Oil and gas activities, production (discontinued), Q3 2012

In the nine fist months of 2012, the gas production amounted to 83.8 million Sm³ o.e. This is 10.9 million Sm³ o.e or 14.9 per cent more than the fist nine months last year. The production of gas equalled 50 per cent of the total petroleum production. The oil production equalled 40 per cent, while NGL and condensate made out 8 and 2 per cent respectively.

Three new fields started gas production in 2012; Islay, Gaupe and Marulk

Decreased oil production

The Norwegian oil production peaked in 2000, in the following years the production have declined. In the first nine months of 2012 the oil production ended at 67.7 million Sm³ o.e., this is 5.4 million Sm³ o.e. or 7.4 per cent less then in the same period in 2011.

The production of NGL ended at 13.3 million Sm³ o.e., 11.7 per cent more than the same period last year. Production of condensate ended at 3.4 million Sm³ o.e, a 1.9 per cent decrease.

Production of oil including NGL and condensate ended at 84.4 million Sm³ o.e., 4.5 per cent or 4 million Sm³ o.e less than the first nine months last year.

Ekofisk was the most productive oil field. Five new oil fields started production during 2012; Alta, Gaupe, Islay, Marulk and Oselvar.

Tables:

• Table 1 Gross total petroleum production. 1 000 Sm3 o.e.