Crude Oil Production in Norway increased to 1555 BBL/D/1K in July from 1517 BBL/D/1K in June of 2018. Crude Oil Production in Norway averaged 1677.04 BBL/D/1K from 1973 until 2018, 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 1524.95 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 1523.63 in 12 months time. In the long-term, the Norway Crude Oil Production is projected to trend around 1500.00 BBL/D/1K in 2020, according to our econometric models.