Detailed Production Overview

During January 2026, Lime Petroleum AS continued to benefit from its significant stakes in both the Brage and Yme Fields. The company reported a robust net production figure of 11,104 boepd for the month, combining output from both assets. This level of production is a noteworthy operational metric for shareholders, reflecting the continued cash flow potential from these mature assets.

Brage Field Developments

• LPA’s 33.8434% interest in the Brage Field provides it with a material share of production and revenues from this mature North Sea asset.
• In January, the Talisker A-15D production well was successfully completed and commenced production in the first week of the month. The timely completion and start-up of this well is a positive operational development, likely to support sustained output going forward.

Yme Field Operations

• LPA holds a 25% stake in the Yme Field. Importantly, only oil is sold from Yme, as the produced gas is utilized internally for operational needs and is also re-injected to enhance oil recovery. This maximizes the value of oil production and may positively impact yield and reserves recovery efficiency.

Operational Interruptions

• There were both scheduled and unscheduled shut-ins at the Brage and Yme Fields during January. These interruptions were described as being in the ordinary course of operations, suggesting no abnormal operational risk or major incident impacting long-term production.

Potential Price-Sensitive Information

• The completion and start-up of the Talisker A-15D well at Brage is a significant milestone that could lead to increased output and revenue for LPA.
• Consistent production levels and the efficient use of associated gas at Yme for enhanced oil recovery highlight operational stability and long-term value retention from these assets.
• No mention of any major, unexpected operational disruptions or negative incidents that would adversely affect the company’s share value in the near term.

Conclusion

For investors, the January 2026 update demonstrates Lime Petroleum AS’s stable production base and ongoing efforts to maximize asset value, particularly through the successful commencement of new production wells. The operational integrity and continued output from the Brage and Yme Fields are positive indicators for future cash flows and could be supportive of the company’s share price, especially with the new production well coming online.

Disclaimer: This article is based on company-released information as of February 16, 2026. It does not constitute investment advice. Investors are encouraged to conduct their own due diligence and consult with their financial advisors before making any investment decisions.

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