Lime Petroleum AS (“LPA”) wishes to announce that for the full month of November 2024, production at the Brage and Yme Fields combined, net to LPA, was 7,493 barrels of oil equivalent per day (boepd).
Brage Field: LPA holds a 33.8434 per cent interest in the Brage Field. The operator of the Brage Field is OKEA ASA. A new well started production in end-November 2024, while another well was completed (i.e. plugged and cemented) as planned in mid-November.
Yme Field: LPA holds a 10 per cent interest in the Yme Field. The operator of the Yme Field is Repsol Norge AS. Only oil is sold from the Yme Field as the produced gas is being used for production operations and re-injected into the reservoirs for improved oil recovery.
For both fields, there were scheduled and unscheduled shut-ins for well intervention, as well as other maintenance & technical well management and testing activities that were in the ordinary course of operations during the month.
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