Jadestone Energy Production Rises to About 19,000 boepd
Production exceeded unchanged guidance of 16,000–18,000 boepd after the CWLH field restarted. Montara uptime is about 97%, and Akatara uptime is about 96%.
Jadestone Energy announced that group production has risen to approximately 19,000 boepd, exceeding its unchanged guidance of 16,000—18,000 boepd, following the restart of the CWLH field. The company reported that the Montara asset has achieved high reliability with ~97% uptime, while the Akatara field continues to perform in line with expectations at ~96% uptime. Regarding regulatory matters, Jadestone is working to address NOPSEMA's General Direction #2043 and Prohibition Notice #1875 by early 2027.
The Stag field remains offline, with a replacement CALM buoy expected in Q1 2027 and production resumption targeted for Q2 2027, supported by business interruption insurance. Additionally, the company is finalizing contract awards for the ND/UM Gas Sales and Purchase Agreement and continues to target a final investment decision before the end of 2026.