OMV Reports 10% Rise in Q4 Output

Monday, January 14, 2019

Austrian oil and energy group OMV reported a 10 percent quarter-on-quarter rise in fourth-quarter oil and gas production on Monday.

Output rose to 447,000 barrels of oil equivalent per day (boe/d) from 406,000 boe/d in the previous quarter, it said, adding that retail and commercial margins also increased.


(Reporting by Kirsti Knolle; editing by Jason Neely)

Categories: Production

Related Stories

Intervention, Not Exploration: How Jack-ups Help Unlock Value

TenneT Set to Start Beach Directional Drilling for Offshore Wind Farm Links

Sable Offshore Sees More Offshore Wells Restart; Boosts California Output

Current News

Vessel Sector Deep Dive: WTIVs

Intervention, Not Exploration: How Jack-ups Help Unlock Value

US Naval Blockade Hammers Iran Oil Exports, Forces Floating Storage

Woodside Energy Appoints COO

Subscribe for OE Digital E‑News