Lundin lifts full-year production estimate

摘要

Copenhagen-Sweden's Lundin Petroleum said Tuesday it was increasing its estimates for fullyear production and flagged a substantial upside potential of its current main producing asset, the Edvard Grieg field offshore Norway. Further ahead, the Stockholm-listed company is projecting exponential growth in its production based on its stake in the Equinoroperated Johan Sverdrup field, which is due to come on stream late in 2019 and reach peak oil production of 660,000 b/d.