Oslo, 9 April 2026: BlueNord ASA ("BlueNord" or the "Company") has today
announced its preliminary production figures for March 2026. In March 2026,
preliminary production was 42.5 mboepd net to the Company.
The Tyra hub delivered 22.8 mboepd in March. Two minor operational issues
impacted production during the month: one was caused by technical issues at Gorm
during pigging of the pipeline from Tyra to Gorm, and the other was caused by a
transmitter fault. Both of these issues were resolved within a few hours
followed by ramp-up of production. Further, production at Harald West and HEMJ
was temporarily reduced to replace the lube oil cooler. When the output from
Tyra stabilised, production was on average approximately 25 mboepd. Walk-to-work
vessel operations have been ongoing in March to prepare additional wells to be
brought on stream. In Q1 2026, Tyra production was 22.9 mboepd, within the
quarterly guidance of 22-24 mboepd.
The base assets (Dan, Gorm and Halfdan) produced 19.8 mboepd in March. Gorm
production exceeded expectations, with a preliminary operational efficiency of
98%. Compressor issues on Halfdan and a minor flowline leak on Dan temporarily
affected base asset production, but were resolved during the month. Average base
asset production for Q1 2026 was 20.1 mboepd, within the guidance range of 20-21
mboepd.
This information is subject to disclosure requirements pursuant to section 5-12
of the Norwegian Securities Trading Act.
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Contact:
Cathrine Torgersen, Chief Corporate Affairs Officer
Phone: +47 915 28 501
Email: cathrine.torgersen@bluenord.com
About BlueNord ASA
BlueNord is a strategically important European oil and gas company that
specialises in producing and developing energy resources, and in activities
which support the energy transition. The Company has a 36.8 percent interest in
the Danish Underground Consortium (DUC) that is responsible for oil and gas
production in the Danish North Sea. BlueNord is listed on the Oslo Stock
Exchange and trades under the ticker "BNOR". For further information, please
visit: www.bluenord.com.