The new SPD production record brings Sibir's 50% share at Salym to over 37,500 bopd which, combined with production from its subsidiary Magma, brings Sibir's total daily production to over 45,000 bopd.
Commenting on the announcement, Sibir CEO, Henry Cameron said, "Reaching the 45,000 bopd production record is an important milestone for Sibir and is the result of strong production growth from SPD. As the Salym project enters its second full year of commercial production, strong reservoir performance and improvement in cycle times for drilling, completion and hookup of wells continue to drive production gains."
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