BlueNord Updates on Strong Production Growth in Q3 2025

BlueNord's Impressive Production Update
BlueNord ASA has shared its preliminary production figures for September 2025, revealing a significant output that stands at 41.2 thousand barrels of oil equivalent per day (mboepd) net to the company. This figure reflects a strong performance, indicating progress and stability in operations.
Performance of the Tyra Hub
The Tyra hub has demonstrated remarkable growth, producing 22.0 mboepd net. This output marks the highest monthly production since the facilities were restarted. The increase in production stability is notable compared to previous months, which adds to the company’s credibility. BlueNord is committed to continuous improvement, working rigorously with TotalEnergies to resolve any obstacles and ensuring that production remains steady throughout 2025.
Quarterly Production Insights
In the third quarter of 2025, the Tyra hub's production figures averaged 18.9 mboepd, aligning neatly with the upper end of the company's expectations, set at 17.0 to 19.0 mboepd. This success underscores the effective execution of strategies aimed at optimizing production levels, particularly in a challenging operating environment.
Base Assets Contribution
Besides Tyra, BlueNord's base assets, including the Dan, Gorm, and Halfdan hubs, contributed 19.2 mboepd to the company's total output. Notably, while Dan and Halfdan met expectations seamlessly, the Gorm hub faced operational hurdles related to its compressors and water injection systems. Nevertheless, BlueNord and its operator are focused on resolving these challenges quickly to ensure efficient performance.
Future Outlook for Production
The preliminary production for the base assets positioned the company at 20.2 mboepd for Q3 2025. Although this figure is slightly below the targeted guidance of 21.0 to 23.0 mboepd, the overall quarterly production across all assets stands at 39.1 mboepd, well within the stipulated guidance range of 38.0 to 42.0 mboepd. This robust overall performance inspires confidence in the company's future output capabilities.
Commitment to Transparency
BlueNord ASA emphasizes its dedication to offering transparent and timely updates. This commitment reflects the company's adherence to the disclosure requirements dictated by the Norwegian Securities Trading Act, reaffirming its intention to keep stakeholders informed of operational performance and strategic initiatives.
Corporate Contact Information
For inquiries, please reach out to Cathrine Torgersen, the Chief Corporate Affairs Officer of BlueNord. The company is available for any questions regarding operations, production strategies, or future developments. Contact details: Phone: +47 915 28 501.
Frequently Asked Questions
What were BlueNord's production figures for September 2025?
BlueNord's preliminary production figures indicated a total of 41.2 mboepd net for September 2025.
How did the Tyra hub perform in the recent quarter?
The Tyra hub achieved the highest production levels since its restart, reaching 22.0 mboepd net in September 2025.
What challenges did BlueNord face with its Gorm hub?
The Gorm hub faced operational issues related to compressors and the water injection system, which the operator is actively working to resolve.
What is BlueNord's outlook for future production?
Despite some challenges, BlueNord remains optimistic about maintaining stable plateau production through 2025, particularly at its key hubs.
Who can be contacted for more information about BlueNord?
Cathrine Torgersen, the Chief Corporate Affairs Officer, can be contacted at +47 915 28 501 for any inquiries regarding production and operations.
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