Crude Oil Production in Norway increased to 1994 BBL/D/1K in January from 1984 BBL/D/1K in December of 2025. Crude Oil Production in Norway averaged 1679.68 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 1850.00 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 84219.00 96377.00 NOK Million Apr 2026
Capital Flows 85412.00 168176.00 NOK Million Dec 2025
Crude Oil Production 1994.00 1984.00 BBL/D/1K Jan 2026
Current Account 153109.00 177426.00 NOK Million Dec 2025
Current Account to GDP 14.20 15.30 percent of GDP Dec 2025
Exports 176681.00 200345.00 NOK Million Apr 2026
Exports by Category
Exports by Country
External Debt 8606347.00 8082770.00 NOK Million Dec 2025
Foreign Direct Investment -25366.00 7702.00 NOK Million Dec 2025
Imports 92463.00 103969.00 NOK Million Apr 2026
Imports by Category
Imports by Country
Natural Gas Imports 553.97 585.38 Terajoule Mar 2026
Oil Exports 61354.00 57376.00 NOK Million Apr 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
1994.00 1984.00 3411.00 2.00 1973 - 2026 BBL/D/1K Monthly
NSA