Venture Production Plc. (VPC.L) announced that average net daily production for 2008 was approximately 45,000 barrels of oil equivalent per day or "boepd", an increase of 9% over 2007.
In terms of hydrocarbon split, Venture's southern North Sea gas fields contributed 66% of total 2008 UKCS production with the balance coming from Venture's portfolio of central North Sea oil fields.
At 31 December 2008, net proven and probable reserves are estimated to total approximately 214 million barrels of oil equivalent1, including the Company's proportionate share of reserves in Trinidad.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.