Nostrum Oil & Gas boosts daily production 12.9% in 2025, sales up 16.2%Nostrum Oil & Gas Plc, the parent company of Kazakhstan’s Zhaikmunai LLP, increased average daily production by 12.9% in 2025 to 16,867 barrels of oil equivalent per day (boepd), the company said in a press release last Friday.Average daily sales rose 16.2% to 15,146 boepd, reflecting higher titled production, according to the press release.The average processed volumes, including third party condensate tolling volumes, rose by 23.2% to 24,431 boepd.“These increases were achieved through continuing to process the ramping up feedstock from Ural Oil & Gas LLP, and managing expected decline in Chinarevskoye production through well workovers,” the press release says.The full-year 2025 revenue is estimated to be approximately $118 million, or 14% higher from a year earlier. “The increase in titled production and processed volumes from Ural Oil and Gas feedstock and continued well workover had a positive impact on revenues,” the company said.Nostrum Oil & Gas PLC is an independent mixed-asset energy company with world-class gas processing facilities and export hub in north-west Kazakhstan. Its shares are listed on the London Stock Exchange. The principal producing asset of Nostrum Oil & Gas PLC is the Chinarevskoye field which is operated by its wholly-owned subsidiary Zhaikmunai LLP, which is the sole holder of the subsoil use rights with respect to the development of the Chinarevskoye field.Ural Oil & Gas LLC, which operates the Rozhkovskoye field, located about 20 km from Zhaikmunai’s processing facilities, is a joint venture of KazMunayGas (50%), MOL Group (22.5%) and FIOC-Sinopec (27.5%). Nostrum and Ural Oil & Gas have a hydrocarbon supply and processing agreement that is to expire in May 2031. (ICE ALMATY)

Fonte notizia: INTERFAX