Delivering reliable production
· Delivered quarterly production of 46.8 MMboe (520 Mboe/day), down 9% from Q4 2022 due to planned turnaround and maintenance activities. Full-year production guidance remains unchanged.
· Delivered sales volume of 50.4 MMboe, down 4% from Q4 2022, primarily due to lower production.
· Delivered revenue of $4,330 million, down 16% from Q4 2022, due to lower production and lower realised prices.
· Production, sales volume and revenue increased 122%, 112% and 81% respectively from Q1 2022, driven by the expanded operations portfolio post-merger.
· Achieved high LNG reliability of 99.9% at Pluto LNG and 98.3% at North West Shelf (NWS) Project.
· Achieved a portfolio average realised price of $85 per barrel of oil equivalent.
· Sold 32% of produced LNG at prices linked to gas hub indices.