Meanwhile, the Yme Field only sold oil in December as the produced gas is being used for production operations and re-injected into the reservoirs for improved oil recovery, LPA added.
Rex International has reported a total production of 13,036 barrels of oil equivalent per day (boepd) from Norway and Oman in December 2024, 28.3% higher than the 10,036 boepd reported in November 2024.
During the month, Rex’s subsidiary, Lime Petroleum AS (LPA), reported a total of 10,571 boepd from its Brage and Yme Fields. LPA has a 33.84% stake in the Brage Field and a 25% interest in the Yme Field. A new well was being drilled in the Brage Field in December 2024. The field also saw “stable” production with high uptime, reported LPA.
