Yme first oil – a key milestone for OKEA
(Oslo, 25 October 2021) OKEA ASA (OKEA, OSE: OKEA) announces that the operator Repsol today has confirmed that together with its partners OKEA, Lotos and KUFPEC they have started producing from the Yme field.Expected recoverable reserves in Yme are estimated to approximately 10 million standard cubic meters of oil - or 63 million barrels – with OKEA’s share at 9.4 million barrels of oil. At plateau, the Yme field will produce around 56,000 boepd, with OKEA’s share around 8,400 boepd. Average production the next 12 months net to OKEA from the Yme field is estimated to 5,600 boepd. OKEA in