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Vår Energi Q3 net output slips 2% to 369 kboepd, trims full-year production view to about 390 kboepd

PUBT·10/12/2026 05:03:07
Vår Energi Q3 net output slips 2% to 369 kboepd, trims full-year production view to about 390 kboepd
  • Vår Energi Q3 2026 net production averaged 369 kboepd, down 2% from Q2, flat year-on-year.
  • Full-year output expected around 390 kboepd, narrowed from 390–410 kboepd due to July disruptions at Johan Castberg, Jotun FPSO.
  • Q3 split was 68% liquids, 32% gas; total production 34.0 mmboe versus 34.8 mmboe sold.
  • Average realized price was USD 103/boe; crude USD 103/bbl, a USD 6/bbl premium to dated Brent.
  • Free cash flow hit by NOK 10.8 billion cash tax, about USD 1.1 billion, plus USD 350 million dividend payment.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Var Energi AS published the original content used to generate this news brief via Cision (Ref. ID: 20261011:BIT:1731:0) on October 12, 2026, and is solely responsible for the information contained therein.