OMV Petrom’s hydrocarbon output stood at 178,000 boe/day in the third quarter of 2014.
The company’s hydrocarbon output reached 181,000 boe/day in the second quarter of 2015 and 184,000 boe/day in the first quarter of 2015.
On group level, Austrian OMV’s hydrocarbon output decreased 6.1% in the third quarter, to 292,000 boe/day, from 311,000 boe/day in the same period last year.
The Austrian group said in a statement that the decline was due to lower output in Romania, in the context of works scheduled at several important drilling wells, and to lower output in Norway. It also said the sales volume was 7% lower than the volume registered in the previous quarter, mainly due to lower output in Norway and Romania.
The group’s natural gas sales volumes increased in the third quarter to 20.36 TWh, from 19.5 TWh in the same interval a year ago, while net electricity production grew in the third quarter due to improved situation in Turkey and Romania.
OMV Petrom is 51% owned by Austrian group OMV. The Romanian state holds a 20.63% stake, via the Energy Ministry, investment fund Fondul Proprietatea owns a 18.99% stake and the remaining shares are distributed among other shareholders.