Production report for August 2021
14 Septiembre 2021 - 1:00AM
Production report for August 2021
Oslo,
14 September
2021
Below please find average gross operated production in August
2021 and corresponding numbers for July 2021.
IOX operated |
August 2021 |
July 2021 |
|
Boepd(1) |
Bopd (2) |
Boepd(1) |
Bopd (2) |
Colombia |
808 |
564 |
818 |
570 |
Argentina (3) |
2,171 |
344 |
2,195 |
291 |
(1) Barrels of oil equivalents per
day(2) Barrels of oil per
day(3) Operated by Selva Maria Oil on behalf of
IOX until local authorities approve operator’s licence.
Comments
In August, average daily production
was 2,979 barrels of oil equivalents per day
(boepd), compared to 3,013 boepd in July. Oil
production in Argentina increased reaching nearly 18 percent
compared to the previous month following a successful opening of
several oil producing wells. Besides this new event,
production was relatively stable in both Argentina
and Colombia.
In Argentina, gas production was affected by technical problem
in a gas compression unit in Oceano (Santa Cruz). The situation was
resolved after nine days and gas sales was back on stream on 18
August.
In Mata Magallanes Oeste (MMO), Covid-19 restrictions continue
to prevent critical field experts from entering the country,
resulting in a further delay of the workover
operations.
In Colombia, transportation of goods and export of oil products
from and to the fields flows smoothly and Interoil keeps an open
and friendly conversations with the communities In the Puli C area
aiming at getting their approvals to mobilise the pulling rig
required to recover the shut-in Puli C producing wells.
In the Llanos area, Interoil continues selling Vikingo
production through the Perenco oil pipeline. The drilling campaign
of exploration wells in the Altair and LLA-47 blocks is further
delayed and pending approval from the relevant local
authorities.
This information is subject to the disclosure requirements
pursuant to section 5 -12 of the Norwegian Securities Trading
Act.
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Please direct any further questions to ir@interoil.no
Interoil Exploration and Production ASA is a Norwegian based
exploration and production company - listed on the Oslo Stock
Exchange with focus on Latin America. The Company is operator and
license holder of several production and exploration assets in
Colombia and Argentina with headquarter in Oslo.
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