BlueNord Announces Preliminary Production for October 2024

BlueNord ASA ("BlueNord") has announced its preliminary production figures for October 2024. The Company had a preliminary production in October of net 23.4 mboepd from Dan, Gorm and Halfdan. Of this, 0.3 mboepd of gas was consumed on Tyra during the ongoing commissioning work, such that the net export production figure was 23.1 mboepd net to BlueNord. Production from the Tyra hub was temporarily halted in October in connection with the upcoming restart of the facilities.

The production from Halfdan and Gorm was lower in October compared to previous months as planned compressor maintenance was successfully completed during the month. On Halfdan, certain wells were temporarily closed due to the ongoing well optimization campaign (WROM). The increased production from the Skjold gas acceleration (SGPAP) caused temporary restrictions on production due to capacity constraints.

The Company reiterates its quarterly production guidance for the base assets of 23.0 – 25.0 mboepd, 4.0 – 11.0 mboepd from the Tyra hub and with a Tyra exit rate in December of ca 30.0 mboepd.