BlueNord lowers Tyra production guidance for Q3 2025

Norwegian company BlueNord has revised downward its production forecasts for the Tyra gas field for the third quarter, following unplanned outages and more impactful maintenance than anticipated.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

Norwegian producer BlueNord ASA reported preliminary production of 37.2 thousand barrels of oil equivalent per day (mboepd) for August 2025, split between its base assets Dan, Gorm and Halfdan, and the Tyra gas hub. Output from the legacy assets reached 21.9 mboepd, slightly below the company’s expectations due to a mechanical issue on the Gorm lift gas compressor and scheduled maintenance on Halfdan’s HP/IP compressor. Both interventions have now been completed.

At the Dan site, the well workover campaign was completed on 11 August with six successful interventions. BlueNord also stated that a significant portion of planned maintenance for 2025 has already been carried out, contributing to increased unplanned downtime. No major maintenance is scheduled for the remainder of the year, and guidance for the third and fourth quarters on base assets remains unchanged.

Reduced production at Tyra in August

Net production from the Tyra hub stood at 15.3 mboepd, affected by a four-day shutdown linked to IP compressor issues, which have since been resolved. Additionally, a scheduled pigging operation on the Harald pipeline reduced output over a two-week period. While planned, this activity had a greater-than-expected impact. Production was also limited over the summer due to process control issues in the water treatment system.

An internal task force at operator TotalEnergies has identified the root causes of the technical challenges. Remediation efforts are underway, while export volumes peaked at 25.1 mboepd at the end of the month.

Updated 2025 guidance

In light of performance in July and August, BlueNord lowered its net production forecast for Tyra in Q3 from an initial range of 22.0 to 26.0 mboepd to between 17.0 and 19.0 mboepd. For Q4, guidance was also adjusted downward to a range of 21.0 to 27.0 mboepd, compared with the previous 26.0 to 30.0 mboepd.

Scheduled maintenance and ongoing efforts to enhance facility reliability are expected in the coming months. BlueNord confirmed these elements have been factored into the revised outlook. Technical studies by the operator are expected to result in concrete actions to stabilise output.

The company noted that well and reservoir performance continues to exceed expectations, supporting the project’s underlying value. Target plateau production of approximately 30.0 mboepd net to BlueNord is still expected to be achieved by the end of 2025, pending resolution of the identified issues.

NextDecade has signed a liquefied natural gas supply agreement with EQT for 1.5 million tonnes annually from Rio Grande LNG Train 5, pending a final investment decision.
Sawgrass LNG & Power has renewed its liquefied natural gas supply agreement with state-owned BNECL, consolidating a commercial cooperation that began in 2016.
Gazprom and China National Petroleum Corporation have signed a binding memorandum to build the Power of Siberia 2 pipeline, set to deliver 50 bcm of Russian gas per year to China via Mongolia.
Permex Petroleum signed a $3 million purchase option on oil and gas assets in Texas to support a strategy combining energy production and Bitcoin mining.
Enbridge announces the implementation of two major natural gas transmission projects aimed at strengthening regional supply and supporting the LNG market.
Commonwealth LNG’s Louisiana liquefied natural gas project clears a decisive regulatory step with final approval from the U.S. Department of Energy for exports to non-free trade agreement countries.
The Indonesian government confirmed the delivery of nine to ten liquefied natural gas cargoes for domestic demand in September, without affecting long-term export commitments.
The Egyptian government signs four exploration agreements for ten gas wells, allocating $343mn to limit the impact of the rapid decline in national production.
Hungary has imported over 5 billion cubic metres of Russian natural gas since January via TurkStream, under its long-term agreements with Gazprom, thereby supporting its national energy infrastructure.
U.S. regulators have approved two major milestones for Rio Grande LNG and Commonwealth LNG, clarifying their investment decision timelines and reinforcing the country’s role in expanding global liquefaction capacity.
Hokkaido Gas is adjusting its liquefied natural gas procurement strategy with a multi-year tender and a long-term agreement, leveraging Ishikari’s capacity and price references used in the Asian market. —
Korea Gas Corporation commits to 3.3 mtpa of US LNG from 2028 for ten years, complementing new contracts to cover expired volumes and diversify supply sources and price indexation.
Petrobangla plans to sign a memorandum with Saudi Aramco to secure liquefied natural gas deliveries under a formal agreement, following a similar deal recently concluded with the Sultanate of Oman.
CTCI strengthens its position in Taiwan with a new EPC contract for a regasification unit at the Kaohsiung LNG terminal, with a capacity of 1,600 tonnes per hour.
Exxon Mobil forecasts sustained growth in global natural gas demand by 2050, driven by industrial use and rising energy needs in developing economies.
Capstone Green Energy received a 5.8-megawatt order for its natural gas microturbines, to be deployed across multiple food production facilities in Mexico through regional distributor DTC Machinery.
Private firm Harvest Midstream has signed a $1 billion acquisition deal with MPLX for gas processing and transport infrastructure across three western US states.
Sempra Infrastructure and EQT Corporation have signed a 20-year liquefied natural gas purchase agreement, consolidating Phase 2 of the Port Arthur LNG project in Texas and strengthening the United States’ position in the global LNG market.
Subsea7 was selected to lead phase 3 of the Sakarya gas field, a strategic contract for Türkiye’s energy supply valued between $750mn and $1.25bn.
Tokyo protests against Chinese installations deemed unilateral in a disputed maritime zone, despite a bilateral agreement stalled since 2010.

Log in to read this article

You'll also have access to a selection of our best content.