EnQuest Guides Stable 2026 Output After Strong 2025 Delivery

EnQuest exceeded its 2025 production guidance and reduced costs below forecast, while guiding broadly stable to slightly lower output in 2026 following weather-related disruptions in the UK North Sea. The independent upstream producer reported average 2025 production of 45,606 barrels of oil equivalent per day (boepd), above its 40,000–45,000 boepd guidance range. Asset uptime reached 89%, placing performance at the upper end of sector benchmarks. Pro forma 2025 expenditures were approximately 4% below ...