Volga Gas plc Announces Group Production Results for the Six Months Ended June 30, 2020
September 30, 2020 at 02:00 am EDT
Volga Gas plc announced group production results for the six months ended June 30, 2020. Group production averaged 3,593 boepd in the first half of 2020 compared to 5,634 boepd a year ago, a 36% decrease. Gas and condensate production were 8.8 mmcf/d, and 1,437 bpd, respectively against 20.0 mmcf/d, a 56% decrease and 1,525 bpd, a 6% decrease respectively a year ago. LPG production contributed a further 188 boepd against 352 boepd a year ago. Oil production averaged 493 bopd against 419 bopd a year ago, a 18% increase.