Crude Oil Production in Norway increased to 1843 BBL/D/1K in June from 1730 BBL/D/1K in May of 2026. Crude Oil Production in Norway averaged 1681.37 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 1840.00 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 1980.00 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 105028.00 100622.00 NOK Million Sep 2026
Capital Flows 482090.00 284577.00 NOK Million Jun 2026
Crude Oil Production 1843.00 1730.00 BBL/D/1K Jun 2026
Current Account 279000.00 248200.00 NOK Million Jun 2026
Current Account to GDP 14.20 15.00 percent of GDP Dec 2025
Exports 207709.00 190977.00 NOK Million Sep 2026
Exports by Category
Exports by Country
External Debt 9392163.00 8550817.00 NOK Million Jun 2026
Foreign Direct Investment 5122.00 5396.00 NOK Million Jun 2026
Imports 102680.00 90354.00 NOK Million Sep 2026
Imports by Category
Imports by Country
Natural Gas Imports 0.00 0.00 Terajoule Sep 2026
Oil Exports 56312.00 42614.00 NOK Million Sep 2026
Terms of Trade 158.53 144.20 points Jun 2026
Terrorism Index 0.73 1.20 Points Dec 2025
Weapons Sales 415.00 569.00 SIPRI TIV Million Dec 2025


Norway Crude Oil Production
Actual Previous Highest Lowest Dates Unit Frequency
1843.00 1730.00 3411.00 2.00 1973 - 2026 BBL/D/1K Monthly
NSA