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Brage Field & Yme Field Production Update – September 2023

Brage Field

Lime Petroleum AS (“LPA”) today announced that oil production in September from the Brage Field in Norway, net to LPA, amounted to 6,135 barrels of oil equivalent per day (boepd).

The field’s production continued to be stable and was higher than that in August as a result of increased production from the latest infill well and the addition of a new gas producer well in mid-September.

LPA holds a 33.8434 per cent interest in the Brage Field. The operator of the Brage Field is OKEA ASA.

Yme Field

At the Yme Field, production in September, net to LPA, was 2,119 boepd. Production was stable for most of the month except for a one-day process shutdown. Only oil is sold from the Yme Field as the produced gas is being used for production operations and re-injected into the reservoirs for improved oil recovery.

LPA holds a 10 per cent interest in the Yme Field. The operator of the Yme Field is Repsol Norge AS.

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