Investor Presentaiton
Gabon Update
Production Optimization
Asset Highlights
◉
Production at the high end of Q3 guidance range and only down 2%
sequentially, despite no drilling campaign in 2023
■ Strong operational production uptime and optimization efforts,
offsetting decline
☐
-
Achieved 97% production uptime YTD 2023
Focus on back pressures post FPSO change out optimizing field process and
production capabilities
■ Capital program in 2023 focused on maintenance capex and long
lead items for 2024/2025 drilling campaign
■ Increasing 2023 production guidance due to strong base
performance
Percentage Uptime
3Q 2023 Asset Stats
100% / 0% / 0%
9,901 BOEPD
WI Production
Oil
Operational Production Uptime
NGL
98%
96%
94%
~97%
92%
90%
88%
86%
84%
~85%
82%
80%
78%
2022 average
YTD 2023 average
Gas
Maintaining Strong Production and Planning for 2024/2025 Drilling Campaign
Slide 10View entire presentation