Kistos报告称，其2025年旗下所有油田运营均取得强劲进展，其中挪威近海Balder油田产量增长尤为显著，这得益于Jotun FPSO的投产以及新井的增产。9月份，随着14口Balder Future油井投产，Balder油田的总净产量超过每日11,000桶油当量（boepd）。

年内，巴尔德六期项目最终投资决定出台，预计该项目将于2026年通过计划钻探的油井实现约150万桶油当量净产量。巴尔德二期项目一期也获得批准，该项目包括对佐敦FPSO进行瓶颈改造以提高处理能力，以及钻探新的生产井，预计净产量为360万桶油当量。后续阶段的准备工作，包括巴尔德FPU的退役，将于2026年启动。

在英国，Serica Energy 预计将于 2026 年第一季度从 TotalEnergies 手中接管大拉根地区的运营权。Kistos 表示，此次过渡将通过加密钻井和潜在的第三方回接至设得兰天然气厂，为有机增长创造机会。

2025 年下半年，荷兰的运营绩效显著提高，在解决了与 Taqa 运营的 P15 回接设施长期停工相关的问题后，Q10-A 资产的生产效率达到了约 97%。

Kistos reported strong operational progress across its portfolio in 2025, led by production growth in the Balder area offshore Norway following the start-up of the Jotun FPSO and the ramp-up of new wells. Total net production from the Balder area exceeded 11,000 barrels of oil equivalent per day (boepd) in September as 14 Balder Future wells came on stream.

During the year, a final investment decision was taken on Balder Phase VI, which is expected to deliver around 1.5 million boe net through wells scheduled to be drilled in 2026. The first phase of the Balder Next project was also sanctioned, covering debottlenecking work at the Jotun FPSO to increase processing capacity alongside the drilling of new production wells targeting an estimated 3.6 million boe net. Preparation work for the subsequent phase, which includes decommissioning of the Balder FPU, is set to begin in 2026.

In the UK sector, Serica Energy is expected to assume operatorship of the Greater Laggan Area from TotalEnergies in the first quarter of 2026. Kistos said the transition creates opportunities for organic growth through infill drilling and potential third-party tie-backs to the Shetland Gas Plant.

Operational performance in the Netherlands improved significantly in the second half of 2025, with production efficiency at the Q10-A asset reaching about 97% following resolution of issues linked to an extended outage at the Taqa-operated P15 tie-back facility.