Maintenance Caps Sales Volumes For Noble in Eq. Guinea - Africa’s premier report on the oil, gas and energy landscape.

Maintenance Caps Sales Volumes For Noble in Eq. Guinea

Noble Energy’s Hydrocarbon sales in Equatorial Guinea averaged 68,000BOEPD, comprised of 46% crude oil and condensate, 5% NGLs, and 49% natural gas. Sales volumes for the second quarter of 2015 were reduced by planned facility maintenance at the Alba field and the associated LPG plant, representing a seven thousand barrels of oil equivalent per day (7,000BOPD) impact to total sales volumes.

Highlights for the quarter included:

  • Active production management, facility optimization, and strong reservoir performance resulted in better than forecasted gross daily production averages of 33,000BPD for Aseng and 31,000BPD for Alen. “Production volumes for Alen were a quarterly record”.
  • Successfully drilled the C-21 development well at Alba. First production from the well is planned by the end of the third quarter of 2015.
  • Installation of compression upgrades at Alba is now 70% complete and expected to commence operation in 2016.

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