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Volga Gas Reports Output Slip Month-On-Month In February

Tue, 03rd 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; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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