Rex International Sees Production Update Across Norway, Oman & Germany – Key Developments That Could Move The Share Price

Production Volumes for September 2025: A Snapshot Across Three Regions

Rex International Holding Limited, a technology-driven oil exploration and production company listed on the Singapore Exchange, has released its comprehensive production update for September 2025, covering its core producing regions: Norway, Oman, and Germany. The total production across these regions amounted to 10,999 barrels of oil equivalent per day (boepd). This figure is material for investors, as it reflects the group’s operational performance and underpins future earnings potential.

Norway: Brage and Yme Fields – Steady Output & Ongoing Drilling

The largest contributor to Rex’s September production was its indirect subsidiary, Lime Petroleum AS (LPA), which reported a combined net production of 10,501 boepd from the Brage and Yme Fields in Norway.

• Brage Field: LPA holds a 33.8434% interest, with OKEA ASA as operator.
• Yme Field: LPA holds a 25% interest, with Repsol Norge AS as operator. Only oil is sold; produced gas is reused for operations and enhanced oil recovery.
• Operational Notes: Both fields had scheduled and unscheduled shut-ins during September, which were in the ordinary course of operations.
• Drilling Updates: Drilling is ongoing at both Brage and Bestla (tied back to Brage), suggesting potential future production growth.

This robust production performance, coupled with active drilling, signals Rex’s commitment to maintaining and potentially growing its Norwegian output, which could positively influence future cash flows.

Oman: Yumna Field – Temporary Shutdown Hits Output, FSO Change Completed

Masirah Oil Limited (MOL), a wholly-owned subsidiary and operator of Block 50 Oman, reported:

• Gross production in September: 1,249 stock tank barrels per day (stb/d) over 30 days.
• Full month average: 444 stb/d, due to a significant shutdown from 1–20 September for a Floating Storage and Offloading (FSO) tanker change.
• Production resumed: 21 September 2025.
• Ownership: MOL holds 100% interest and operatorship in Block 50 Oman.

The temporary production halt may impact short-term revenues, but the successful FSO change points to improved logistical capability and future operational stability.

Germany: Schwarzbach and Lauben Fields – Modest But Strategic Output

Lime Resources Germany GmbH (LRG) reported a combined net production of 54 barrels of oil per day (bopd) from the Schwarzbach and Lauben Fields:

• Schwarzbach Field: LRG holds 100% interest and is the operator.
• Lauben Field: LRG holds 50% interest; ONEO GmbH & Co.KG is the operator.
• Gas Utilisation: Produced gas is used onsite for heating purposes, not sold.

While output here is modest, Germany represents a strategic foothold for Rex in the European market.

Potential Price-Sensitive Information for Investors

• Strong Norwegian Production: The Norway assets remain the backbone of Rex’s portfolio, with stable production and ongoing drilling that could lead to future volume growth.
• Oman FSO Change: The successful replacement of the FSO tanker at Yumna Field, despite a 20-day shutdown, could reduce operational risks going forward, improving reliability and potentially boosting future output.
• Drilling Activity: Ongoing drilling at Brage and Bestla (Norway) may unlock additional reserves and increase production, which could be a significant catalyst for share price appreciation.
• Operational Shut-ins: Scheduled and unscheduled shut-ins at Norwegian fields were described as ordinary, but investors should monitor for any future disruptions that could affect output.

About Rex International Holding

Rex International Holding is a multinational E&P company with interests in Norway, Germany, Oman, and Benin. Rex operates assets in Oman, Benin, and Germany, and leverages proprietary technology—Rex Virtual Drilling—to de-risk exploration and development. Since listing in 2013, Rex has achieved four offshore discoveries, demonstrating its technological edge and exploration success.

Investor Takeaways

For shareholders and market watchers, Rex’s operational update provides crucial insight into its production profile, asset reliability, and near-term growth prospects. The combination of steady Norwegian volumes, infrastructure upgrades in Oman, and strategic positioning in Germany suggest Rex is focused on operational efficiency and future expansion, factors that can influence investor sentiment and share price.

Disclaimer

This article contains forward-looking statements and projections. Actual results may differ materially due to various risks and uncertainties, including operational, market, and regulatory factors. Investors should not place undue reliance on these statements and are advised to conduct their own due diligence.

View Rex Intl Historical chart here