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BlueNord Reports January Production Amid Operational Challenges

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Norwegian Energy Company ASA ( (GB:0HTF) ) has issued an announcement.

BlueNord ASA announced its preliminary production figures for January 2025, reporting a net production of 29.4 mboepd. The company’s base assets, Dan, Gorm, and Halfdan, met performance expectations, while the Tyra hub experienced a temporary shutdown due to operational issues. Production resumed mid-January, though ramp-up was challenged by adverse weather and operational occurrences, affecting the number of operational wells. The Tyra II hub produced approximately 19 mboepd by early February 2025, with ramp-up efforts ongoing.

More about Norwegian Energy Company ASA

BlueNord ASA is a European oil and gas company focused on producing and developing energy resources while supporting the energy transition. It holds a significant interest in the Danish Underground Consortium, which manages oil and gas production in the Danish North Sea. The company is publicly traded on the Oslo Stock Exchange.

YTD Price Performance: 2.06%

Average Trading Volume: 854

Technical Sentiment Consensus Rating: Sell

Current Market Cap: NOK17.86B

For detailed information about 0HTF stock, go to TipRanks’ Stock Analysis page.

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