Brage Field
Lime Petroleum AS (“LPA”) announced that oil production in April from the Brage Field
in Norway, net to LPA, amounted to 1,651 barrels of oil equivalent per day (boepd).
The lower production in April 2023, compared to March 2023, was due to a brief (between
one to two days) scheduled gas stop on the Brage platform and two brief unplanned shutdowns as a result of technical issues, not uncommon in offshore operations. Production had
restarted following each of the abovementioned shut-downs.
LPA holds a 33.8434 per cent interest in the Brage Field. The operator of the Brage Field is
OKEA ASA.
Yme Field
At the Yme Field, production in April, net to LPA, was 1,906 bopd. 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.
LPA holds a 10 per cent interest in the Yme Field. The operator of the Yme Field is Repsol
Norge AS.
