EnQuest plc reported strong operational performance for the first four months of the year with production at the top end of guidance range for 2023. OPERATIONS Average group production was 47,725 boepd, based upon strong “uptime” across the company’s portfolio. EnQuest said that the 2023 Magnus well work programme was underway, with three wells returned […]
Tag: production guidance
United lowers guidance after ASH-4 flow rates fall and workovers delayed
United Oil & Gas plc today said that a decrease in flow rates from the ASH-4 well and delayed maintenance workovers had reduced production guidance at Abu Sennan, onshore Egypt. ASH-4 OIL VOLUME The ASH-4 step-out well previously encountered 20 metres of net pay through the primary Alam El Bueib (AEB) reservoir target and was […]
Scotgold raises Q4 guidance and remains on target for output
Scotgold Resources Ltd has increased it production guidance after completing delayed work on power and ventilation at the Cononish gold-silver mine near Tyndrum in Scotland. PRODUCTION The Australian company’s report for the three months ended 30 September 2022 showed gold production of 2,004 ounces under September’s revised guidance. The new guidance followed delays to improve access, […]
Harbour reduces 2021 guidance on Tolmount delay
Harbour Energy plc said first gas at the HGS Tolmount platform would be delayed due to issues in certain offshore electrical systems during final commissioning and testing. The company added it was investigating the issues and developing rectification plans for the gas platform in the Southern North Sea. “As a result, Tolmount first gas will […]