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Crude oil production drops to 1.404 million in 24 hours

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The National Oil Corporation (NOC) announced on 6 February the latest production rates of crude oil, condensates and natural gas which related to the previous day.

Crude oil production was slightly down at 1.404 million barrels for the 24 hours, a decline of 41,000 barrels compared to 4 February, when it recorded 1.408 million barrels.

The corporation pointed out a total oil-equivalent production of 1.657 million barrels for the 24 hours. This includes 50,779 thousand barrels of condensates and 202,155 thousand barrel equivalents of natural gas.