United Energy Group Targets 2026 Q1 Production of 109,000 to 115,000 boe/d

Reuters
Jan 30
United Energy Group Targets 2026 Q1 Production of 109,000 to 115,000 boe/d

United Energy Group Ltd. has provided its operational guidance for the first quarter of 2026, projecting a decrease in average daily working interest production compared to recent figures. The group expects total production to range between 109,000 and 115,000 barrels of oil equivalent per day (boe/d), down from 121,294 boe/d reported in the previous period. By region, Iraq assets are forecasted at 65,000 to 67,000 boe/d (previously 72,208 boe/d), Pakistan assets at 24,000 to 26,000 boe/d (previously 28,739 boe/d), and Egypt assets at 20,000 to 22,000 boe/d (previously 20,347 boe/d). This guidance indicates a significant expected decline in the group’s overall production performance for the upcoming quarter.

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