Petronor E&P reports strong Q3 production and efficiency gains
Petronor E&P ASA announced its Q3 2025 production update, revealing a net working interest production of 4,112 bopd. The completion of the first infill drilling well on Tchibouela East on September 25 boosted the net production rate to over 4,500 bopd in the final days of the quarter, with the 2025 exit production rate expected to exceed 5,000 bopd.
The company's production efficiency reached 91% in Q3, an improvement from 90% in Q2 and the 2024 average of 87%. Furthermore, the queue of well workovers declined, leading to a year-to-date high production efficiency rate of 94% in September. Petronor also built its entitlement oil inventory and secured agreements for a lifting and sale of over 500,000 bbls, scheduled for early November.
Petronor E&P ASA, an Africa-focused independent oil and gas exploration and production company, operates assets in Congo Brazzaville, The Gambia, and Nigeria. The full details of the Q3 production, including the final September allocation, will be published in the interim report.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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