Gross production at Catcher already stands at 20 mbbl/d, growing to 60 mbbl/d during 1H18. This growth profile is above the company’s previous initial production forecast of 10 mbbl/d and our very cautious estimate of almost no contribution in 1Q18. We are increasing our FY18 production forecast from 76.4 mboe/d to 81.0 mboe/d, within the company’s guidance of 80-85 mboe/d, to reflect the improved production ramp-up at Catcher. The new production guidance includes 14 mboe/d in Ind
11 Jan 2018
Strong delivery at Catcher in the spotlight
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Strong delivery at Catcher in the spotlight
Harbour Energy Plc (HBR:LON) | 277 0 0.0% | Mkt Cap: 2,133m
- Published:
11 Jan 2018 -
Author:
Stephane Foucaud -
Pages:
5
Gross production at Catcher already stands at 20 mbbl/d, growing to 60 mbbl/d during 1H18. This growth profile is above the company’s previous initial production forecast of 10 mbbl/d and our very cautious estimate of almost no contribution in 1Q18. We are increasing our FY18 production forecast from 76.4 mboe/d to 81.0 mboe/d, within the company’s guidance of 80-85 mboe/d, to reflect the improved production ramp-up at Catcher. The new production guidance includes 14 mboe/d in Ind