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Reported Late Tuesday, Woodside Energy Group Ltd Announces Fourth Quarter 2022 Report; Achieved Record FY22 Production Of 157.7 MMboe, Outperforming The Production Guidance Of 153-157 MMboe Due To Strong Operational Performance In Q4

Benzinga Real-time News ·  Jan 25, 2023 13:46

WOODSIDE ENERGY GROUP LTD FOURTH QUARTER REPORT FOR PERIOD ENDED 31 DECEMBER 2022

Delivering reliable production

· Delivered record quarterly production of 51.6 MMboe (561 Mboe/day), up 0.7% from Q3 2022.

· Delivered sales volume of 52.2 MMboe, down 8.5% from Q3 2022, primarily due to reduced

· third-party trades.

· Delivered revenue of $5,160 million, down 12.0% from Q3 2022, impacted by reduced trading activity and lower realised prices.

· Achieved a portfolio average realised price of $98 per barrel of oil equivalent.

· Sold 29% of produced LNG at prices linked to gas hub indices (23% full year 2022).

· Achieved record full-year 2022 production of 157.7 MMboe, outperforming the production guidance of 153 - 157 MMboe due to strong operational performance in the fourth quarter.

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