Production: 15% via achievement of production target, commencing at 35 thousand barrels of oil per day ('mbopd
') sales barrels averaged over a continuous three-month period with straight line vesting to 100% at 55mbopd calculated as per last year's award.
This activity level is projected to deliver 2019 Permian production of 320 to 335 MBOEPD and 203 to 213 MBOPD
, representing approximately 12% to 17% growth over 2018 production levels.
was 230 MBOPD
(1,000 barrels of oil per day) and net 76 MBOPD
Pertamina is aiming for production of 280.2 million barrels of oil per day (mbopd
) in the current year, including 220.7 mbopd
from current operational fields and 59.5 mbopd
from acquired fields.
Fourth quarter 2010 sales averaged 111 MBOEPD, consisting of oil sales averaging 31 MBOPD
, NGL sales averaging 20 thousand barrels per day and gas sales averaging 361 MMCFPD.
Average daily oil production for second-quarter 2019 totaled 206 thousand barrels per day (MBopd
Average daily oil production for first-quarter 2019 totaled 210 thousand barrels per day (MBopd
), an increase of 46% from first-quarter 2018 and 6% from fourth-quarter 2018.
First quarter 2019 Permian production is forecasted to average between 302 to 317 MBOEPD and 194 to 204 MBOPD
, while Eagle Ford/South Texas production is forecasted to average between 13.0 to 14.5 MBOEPD and 2.8 to 3.8 MBOPD
The well is currently producing from the Beryl sand at a rate of 13.7 thousand barrels of oil per day, or MBOPD
, and 15.7M cubic feet of gas per day.
Permian Basin oil production is forecasted to average between 188 MBOPD
to 194 MBOPD
For full-year 2017, total production increased 28% to 70 MMBoe, or 193 MBoepd, driven by a 29% increase in crude oil production to 119 MBopd
. Natural gas production for full-year 2017 was 441 MMcfpd.