3rd Mar 2020 13:35
(Alliance News) - Volga Gas PLC on Tuesday reported a slight fall in production in February.
Average production in February was 2.8% lower month-on-month at 4,208 barrels of oil equivalent per day from 4,330 barrels of oil equivalent per day.
Gas production fell 2.7% to 10.8 million standard cubic feet per day from 11.1 million standard cubic feet per dayin January
Condensate output fell 2.3% to 1.679 barrels per day from 1,718 barrels per day in January, with oil production falling 2.1% to 477 barrels per day from 487 barrels per day.
In liquefied petroleum gas, production was 6.5% lower at 278 barrels per day from 260 barrels per day.
Shares in Volga Gas were flat at 28.00 pence each in London on Tuesday afternoon.
By Eric Cunha; [email protected]
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