Aker BP fourth quarter 2023 trading update

Rhea-AI Summary

Aker BP (AKRBF) announces preliminary production and sales figures for Q4 2023, with equity production at 444.3 mboepd and net volume sold at 466.9 mboepd. Full-year 2023 production was 456.8 mboepd. Realized prices for liquids and natural gas were also provided. A strategy update is scheduled for February 8, 2024.

LYSAKER, Norway, Jan. 15, 2024 /PRNewswire/ -- Aker BP (OSE: AKRBP) (OTCQX: AKRBF; AKRBY) today announces its preliminary production and sales figures for the fourth quarter 2023. The company's equity production for the period was 444.3 thousand barrels of oil equivalents per day (mboepd). Net volume sold in the quarter was 466.9 mboepd. For the full year 2023, production was 456.8 mboepd.

Volume (mboepd)	Q4-23	Q3-23	2023
Net production	444.3	449.8	456.8
Overlift/(underlift)	22.6	0.3	4.2
Net volume sold	466.9	450.0	461.0
Of which liquids	408.4	389.5	397.8
Of which natural gas	58.5	60.5	63.2
			.
Realised prices	Q4-23	Q3-23	2023
Liquids (USD/boe)	83.6	87.6	81.6
Natural gas (USD/boe)	73.9	60.5	74.3

Fourth quarter 2024 and Strategy Update – programme

• Date: Thursday 8 February 2024

• Report to be released: 06:00 CET

• Online presentation by management: 08:30 CET

• Presentation available at: www.akerbp.com/en

• Followed by Q&A session

Contact:
Kjetil Bakken, Head of IR, tel.: +47 918 89 889
Carl Christian Bachke, IR Officer, tel.: +47 909 80 848
Martin Seland Simensen, IR Officer, tel.: +47 416 92 087

 

View original content:https://www.prnewswire.com/news-releases/aker-bp-fourth-quarter-2023-trading-update-302034471.html

SOURCE Aker BP ASA

FAQ

What were Aker BP's equity production and net volume sold in Q4 2023?

Aker BP's equity production for Q4 2023 was 444.3 mboepd, and the net volume sold was 466.9 mboepd.

What was Aker BP's full-year 2023 production?

Aker BP's full-year 2023 production was 456.8 mboepd.

What were the realized prices for liquids and natural gas in Q4 2023?

The realized prices for liquids and natural gas in Q4 2023 were USD 83.6/boe and USD 73.9/boe, respectively.

When is Aker BP's strategy update scheduled?

Aker BP's strategy update is scheduled for February 8, 2024.