Crude Oil Production in Norway decreased to 1730 BBL/D/1K in May from 1974 BBL/D/1K in April of 2026. Crude Oil Production in Norway averaged 1681.12 BBL/D/1K from 1973 until 2026, reaching an all time high of 3411.00 BBL/D/1K in July of 2000 and a record low of 2.00 BBL/D/1K in January of 1974. source: U.S. Energy Information Administration

Crude Oil Production in Norway is expected to be 1780.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Crude Oil Production is projected to trend around 1980.00 BBL/D/1K in 2027 and 1920.00 BBL/D/1K in 2028, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade 84330.00 63294.00 NOK Million Jul 2026
Capital Flows 482090.00 284577.00 NOK Million Jun 2026
Crude Oil Production 1730.00 1974.00 BBL/D/1K May 2026
Current Account 279000.00 248200.00 NOK Million Jun 2026
Current Account to GDP 14.20 15.00 percent of GDP Dec 2025
Exports 173591.00 161719.00 NOK Million Jul 2026
Exports by Category
Exports by Country
External Debt 9392163.00 8550817.00 NOK Million Jun 2026
Foreign Direct Investment 5122.00 5396.00 NOK Million Jun 2026
Imports 89261.00 98425.00 NOK Million Jul 2026
Imports by Category
Imports by Country
Natural Gas Imports 275.06 375.93 Terajoule Jul 2026
Oil Exports 44682.00 36397.00 NOK Million Jul 2026
Terms of Trade 158.53 144.20 points Jun 2026
Terrorism Index 0.73 1.20 Points Dec 2025
Weapons Sales 415.00 569.00 SIPRI TIV Million Dec 2025


Norway Crude Oil Production
Actual Previous Highest Lowest Dates Unit Frequency
1730.00 1974.00 3411.00 2.00 1973 - 2026 BBL/D/1K Monthly
NSA