Crude Oil Production in Norway decreased to 1526 BBL/D/1K in August from 1555 BBL/D/1K in July of 2018. Crude Oil Production in Norway averaged 1676.76 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 1532.07 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 1530.85 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.