Crude Oil Production in Norway decreased to 1983 BBL/D/1K in February from 1994 BBL/D/1K in January of 2026. Crude Oil Production in Norway averaged 1680.16 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 1950.00 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 2050.00 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 62602.00 83636.00 NOK Million May 2026
Capital Flows 255475.00 107362.00 NOK Million Mar 2026
Crude Oil Production 1983.00 1994.00 BBL/D/1K Feb 2026
Current Account 266830.00 149981.00 NOK Million Mar 2026
Current Account to GDP 14.20 15.00 percent of GDP Dec 2025
Exports 158119.00 177070.00 NOK Million May 2026
Exports by Category
Exports by Country
External Debt 8533035.00 8624367.00 NOK Million Mar 2026
Foreign Direct Investment -2593.00 -26669.00 NOK Million Mar 2026
Imports 95517.00 93433.00 NOK Million May 2026
Imports by Category
Imports by Country
Natural Gas Imports 0.00 76.00 Terajoule May 2026
Oil Exports 45197.00 61354.00 NOK Million May 2026
Terms of Trade 124.35 130.84 points Dec 2025
Terrorism Index 0.73 1.20 Points Dec 2025
Weapons Sales 710.00 242.00 SIPRI TIV Million Dec 2024


Norway Crude Oil Production
Actual Previous Highest Lowest Dates Unit Frequency
1983.00 1994.00 3411.00 2.00 1973 - 2026 BBL/D/1K Monthly
NSA