Oil and gas production and sales
The reduction from the previous quarter was mainly driven by planned maintenance activities, and the company's full-year production forecast remains in line with previous guidance.
Volumes (mboepd) | Q2-22 | Q1-22 |
Net production | 181.3 | 208.2 |
Over/underlift | (8.6) | 8.0 |
Net sold volume | 172.6 | 216.2 |
Of which liquids | 127.5 | 171.1 |
Of which natural gas | 45.1 | 45.0 |
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Realised prices (USD/boe) | Q2-22 | Q1-22 |
Liquids | 117.5 | 100.9 |
Natural gas | 152.6 | 171.0 |
Operating expenses
Production costs in the second quarter are estimated to approximately
Impairments
Non-cash net impairment charges are estimated to approximately
Tax
The tax expense for second quarter is expected to be impacted by currency movements. The USD strengthened against NOK in the quarter, leading to a negative revaluation of future tax depreciations. The company expects an effective tax rate for the second quarter of 80-85 percent.
Tax payments in the second quarter amounted to approximately
Conference call and webcast
The company will host a conference call to present its second quarter 2022 results on
Phone number | +47 2350 0347 |
Phone number | +44 (0) 330 165 3641 |
Participant passcode: | 59 23 27 |
Disclaimer
The information in this statement is based on a preliminary assessment of the company's second quarter 2022 financial results. The company has not completed its financial reporting and related review and control procedures. The estimates provided may therefore be subject to change and the financial statements finally approved and released by the company may deviate from the information provided here.
Contacts:
Jørgen Torstensen, Senior Investor Relations Professional, tel.: +47 954 83 707
About
This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
https://news.cision.com/aker-bp-asa/r/second-quarter-2022-trading-update,c3599772
https://mb.cision.com/Main/1629/3599772/1603524.pdf
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