2017 production to the end of October stood at 35,410 boe/d including 2,709 bbl/d at Kraken. This compares to our forecast of 38.5 mboe/d over FY17. Production has been impacted by a heavy 2-4 week maintenance programme across all the assets and an unscheduled two weeks shutdown at Thistle/Deveron. The company reiterated its FY17 guidance of 33.3-40.7 mboe/d and US$375-400 mm capex. At Kraken, the average gross oil production rates during the first week of November were around 23 mbbl/d. The
30 Nov 2017
FLASH: Operating update
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FLASH: Operating update
EnQuest PLC (ENQ:LON) | 15.6 0 (-0.6%) | Mkt Cap: 299.7m
- Published:
30 Nov 2017 -
Author:
Stephane Foucaud -
Pages:
2
2017 production to the end of October stood at 35,410 boe/d including 2,709 bbl/d at Kraken. This compares to our forecast of 38.5 mboe/d over FY17. Production has been impacted by a heavy 2-4 week maintenance programme across all the assets and an unscheduled two weeks shutdown at Thistle/Deveron. The company reiterated its FY17 guidance of 33.3-40.7 mboe/d and US$375-400 mm capex. At Kraken, the average gross oil production rates during the first week of November were around 23 mbbl/d. The