BlueNord's Preliminary Production Update for April 2025
BlueNord ASA is thrilled to reveal its preliminary production figures for the month of April 2025. The company reported a notable production rate of 34.5 mboepd net to BlueNord during this period. The underlying assets, including Dan, Gorm, and Halfdan, collectively generated 21.7 mboepd, meeting the company’s expectations. The Tyra hub contributed an additional 12.8 mboepd to the total production.
Operational Highlights and Efficiency
The operational efficiency recorded during this period was impressive, surpassing 95% for both the Dan and Halfdan hubs. This high efficiency indicates that BlueNord is not only meeting production targets but is also optimizing their operational processes.
On April 10, BlueNord fully restored technical capacity at Tyra II following the successful repair of a breaker failure that had affected the electrical high-voltage system since early March. This restoration has facilitated a ramp-up in production levels, with output reaching 23.4 mboepd net to the company by the end of April, as 88% of the Tyra wells have since been commissioned, and around 60% of these wells are actively producing.
Production Growth Trajectory
The ramp-up process is approaching its conclusion, and by May 5, gross production had hit 199.8 mmscfpd of gas along with 32.4 mbblpd of oil, resulting in a net production of 26.1 mboepd for the company. These figures represent a healthy upward trend, and BlueNord anticipates further increases, aiming to reach a plateau production level of approximately 250 mmscfpd in gas.
Upcoming Financial Announcements
Looking ahead, BlueNord is set to publish its first quarter 2025 results on May 14, 2025, at 07:00 CEST. This announcement is keenly awaited by stakeholders as it will provide more insights into the company's overall performance.
About BlueNord ASA
BlueNord ASA is committed to enhancing its production capabilities while ensuring operational excellence. The company focuses on harnessing its assets in the energy sector to drive growth and sustainability.
Contact Information
Contact:
Cathrine Torgersen, Chief Corporate Affairs Officer
Phone: +47 915 28 501
Frequently Asked Questions
What is the production output of BlueNord for April 2025?
BlueNord reported a preliminary production output of 34.5 mboepd net in April 2025.
Which assets contributed to BlueNord's production figures?
The production figures were driven by the Dan, Gorm, and Halfdan assets, as well as contributions from the Tyra hub.
What is the expected gas production plateau for BlueNord?
BlueNord aims to reach a plateau gas production level of approximately 250 mmscfpd.
When will BlueNord announce its first-quarter results?
The company is anticipated to announce its first quarter results on May 14, 2025.
Who can be contacted for more information about BlueNord?
Cathrine Torgersen, the Chief Corporate Affairs Officer, can be contacted for further inquiries.
