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Read our editorial policy to learn more about our process. Site Index. The Company will publish financial figures for the third quarter of on Thursday, 17 November. Gross production from the Tortue field averaged approximately 10, barrels of oil per day in the third quarter of , amounting to a total gross production of approximately , barrels of oil for the period in line with expectations. Production cost excluding royalties was approximately USD 36 per barrel. The net sold volume, which is the basis for revenue recognition in the financial statement, was , barrels including 32, barrels of quarterly Domestic Market Obligation DMO deliveries with an under-lift position of , barrels at the end of the period.

These were a combination of swaps and zerocost collars that will allow for future cash flow stability for ongoing development projects.

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Provide specific products and services to you, such as portfolio management or data aggregation. Develop and improve features of our offerings. Gear advertisements and other marketing efforts towards your interests. To learn more about how we handle and protect your data, visit our privacy center.

How we approach editorial content Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We also respect individual opinions——they represent the unvarnished thinking of our people and exacting analysis of our research processes.

Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process. Twenty kilometres of the subsea pipeline has now been installed, with final connections planned for year-end. Separately, the drilling rig is on schedule to spud the first production well planned in January. For further information, please contact: Knut R. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments.

The main assets are