PA Resources Posts Tunisian, Norwegian O&G Production Results


Tunisia
(Click to Enlarge)

PA Resources Group has provided a report for its production and sales of crude oil and gas in Tunisia and Norway during October 2008.

Total Production

  • Total oil- and gas production in the Group during October 2008: 455,700 BOE

Crude oil

  • Average oil production per day during October 2008: 14,700 barrels per day
  • Accumulated oil production January to October 2008: 4,118,300 barrels
  • Total oil production during October 2008: 455,700 barrels
  • Oil sales during October 2008: 520,200 barrels - Here of export sales 520,200 barrels - Here of local sales 0 barrels
  • Average sales price during October 2008: US $78.39 per barrel

Gas

  • Total gas production during October 2008: 0 BOE
  • Average sales price during October 2008: 0 USD per BOE

Comments

  • On the Didon field in Tunisia, efforts are made to stabilize production after rig move in September. In October, two unplanned shut-downs have been recorded.
  • The Volve field in Norway has continued to deliver record production from two oil producers.
  • Production of oil comes from seven fields in two geographical areas; Tunisia and Norway.

 

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Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
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