2023-10-18 02:09:29 ET
- Woodside Energy Group press release ( NYSE: WDS ): Q3 delivered quarterly production of 47.8 MMboe (520 Mboe/day), up 8% from Q2 2023.
- Delivered sales volume of 53.3 MMboe, up 10% from Q2 2023, primarily due to higher production.
- Revenue of $3.26B (+5.7% Q/Q) misses by $100M .
- Achieved a portfolio average realised price of $60.2/boe.
- Sold 29% of produced LNG at prices linked to gas hub indices.
- Achieved first production at Shenzi North in September 2023, ahead of the 2024 target.
- Outlook: Full-year production guidance has been narrowed to 183M - 188M Mboe from prior guidance range of 180M-190M Mboe.
For further details see:
Woodside Energy Group reports Q3 results; narrows FY23 production guidance