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2Q production of 27,709 barrels per day
DNO's total oil production for the second quarter of 2003 was 27,709 barrels per day. This is an increase of approximately 18 per cent compared with the group's oil production for the second quarter of 2002, which was 23,486 barrels per day.
DNO's oil production for the first six months of the year averaged approximately 28,500 barrels per day, which is an increase of about 29 per cent compared with the corresponding period in 2002
Oil production for the individual geographical units for June, the second quarter and the first six months of 2003 averaged (barrels per day):
|
|
June 2003 |
2nd quarter 2003 |
1st half 2003 |
|
UK |
9,072 |
9,058 |
9,068 |
|
Norway |
5,948 |
5,801 |
6,039 |
|
Yemen |
12,111 |
12,850 |
13,404 |
|
|
|
|
|
|
In all |
27,131 |
27,709 |
28,511 |
One of the producing wells in the Tasour field was shut in for a brief period also in June in connection with the replacement of a pump in the well. Average production from the Tasour field was under 16,000 barrels per day in June, and together with the decline in production from the Sharyoof field to about 18,000 barrels of oil per day, this caused a further decline in production from Yemen in June.
After Tasour # 10 came onstream (ref. Notice to OSE 1253), and production from one of the other wells increased after the pump replacement in the well, production from the Tasour field has recently averaged about 20,000 barrels per day.
Production from the Norwegian shelf declined by about 280 barrels per day, and UK production declined by about 180 barrels per day compared with May.
After production from two previously shut-in wells in the Thistle field has been resumed, the average production from the field is expected to increase in July.
DNO ASA
15 July 2003
For further information, please contact:
Helge Eide
Group Managing Director
Telephone:(+47) 55 22 47 00 /(+47) 23 23 84 80
Website: www.dno.no