Norwegian Energy Company (Noreco) has revealed net production for September is estimated at 3,186 barrels of oil equivalents (boe) per day, down from August’s 3,561.
Net realised price in September was $43.2 per boe (£46.3 per barrel of oil) after adjustments for inventory, NGL and gas prices.
Production per field in September 2015 (August 2015 in brackets): Huntington – 2,703 (3,084), Oselvar – 483 (478), Lulita – 0 (0).
Noreco said the Huntington field has had stable production throughout the month, only interrupted by a few short shutdowns. The Oselvar field has had stable production throughout the month.
Noreco’s interest in the Oselvar field has been sold with effect from January 1 2015 although Noreco will continue to report Oselvar production and revenue until completion of this transaction.
The Lulita field has been closed in since early July due to technical problems. The duration of the shut down is presently unknown.
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