Atlantic Petroleum December Production Hit by Bad Weather

P/F Atlantic Petroleum  today announces that during the month of December, Atlantic Petroleum produced a net total of 66,000 barrels of oil equivalents (boe) from the Chestnut, Ettrick and Blackbird fields in the North Sea.

Chestnut production was affected by adverse weather during the month. The average daily production was 2,129 boe per day net to the Company.

Total production in 2013 was 720,000 boe which is lower than the previously announced production guidance of 725,000 to 800,000 boe. The main issues relating to the lower production than anticipated were the Chestnut shut-down during November due to works carried out to repair one of the mooring lines and slightly later than anticipated first oil from the new Ettrick infill well.

Despite the lower than anticipated production EBITDAX for the year is expected to be in the previously announced guidance range of DKK 225MM – DKK 275MM.

Press Release, January 06, 2014

 

Share this article

Follow Offshore Energy Today

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply