Crude Oil Production in Norway decreased to 1417 BBL/D/1K in March from 1420 BBL/D/1K in February of 2019. Crude Oil Production in Norway averaged 1674.04 BBL/D/1K from 1973 until 2019, reaching an all time high of 3417 BBL/D/1K in July of 2000 and a record low of 2 BBL/D/1K in January of 1974.
Crude Oil Production in Norway is expected to be 1440.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Norway to stand at 1490.00 in 12 months time. In the long-term, the Norway Crude Oil Production is projected to trend around 1570.00 BBL/D/1K in 2020, according to our econometric models.