Aker BP Prepares for First Quarter 2025 Results Announcement
Aker BP Prepares for First Quarter 2025 Results Announcement
Aker BP is gearing up to unveil its earnings report for the first quarter of 2025 on an upcoming date in May. In the meantime, the company is sharing some preliminary insights regarding its production and sales figures for this particular quarter.
Production and Sales Overview
The equity production figures released indicate that Aker BP achieved an average production level of 441.4 thousand barrels of oil equivalent per day (mboepd) during the quarter. Additionally, due to an overlift, the total volume sold during this period was recorded at 457.6 mboepd.
Detailed Production Figures
Breaking down the production statistics further, the company's net production for the quarter stood at:
- Net production: 441.4 mboepd
- Previous quarter (Q4-24): 449.2 mboepd
- Full year 2024 average: 439.0 mboepd
Furthermore, the document highlights the overlift figures for the quarter:
- Overlift: 16.1 mboepd
- Last quarter (Q4-24): (10.1) mboepd
- Annual figure for 2024: (9.0) mboepd
Sales data also provide crucial insights with net volume sold standing at:
- Net volume sold: 457.6 mboepd
- Previous quarter (Q4-24): 439.2 mboepd
- Annual figure for 2024: 430.0 mboepd
Specifically, within the sales figures, liquids comprised:
- Liquids volume: 394.0 mboepd
- Previous quarter (Q4-24): 373.5 mboepd
- Annual figure for 2024: 370.2 mboepd
In terms of natural gas sales:
- Natural gas volume: 63.5 mboepd
- Previous quarter (Q4-24): 65.7 mboepd
- Annual figure for 2024: 59.8 mboepd
Price Realization Statistics
The report also covers realized prices for the quarter. The details are as follows:
Realized Prices for Liquids and Natural Gas
- Liquids: 75.0 USD/boe
- Previous quarter (Q4-24) for Liquids: 74.1 USD/boe
- Full year 2024 for Liquids: 80.1 USD/boe
- Natural Gas: 85.2 USD/boe
- Previous quarter (Q4-24) for Natural Gas: 79.0 USD/boe
- Full year 2024 for Natural Gas: 62.9 USD/boe
Upcoming Reporting and Management Presentation
Aker BP will officially release its first quarter 2025 report at 06:00 CEST on the set date. Following the report release, management will be conducting a presentation available online at 08:30 CEST, including a question-and-answer session to engage with stakeholders.
Company Contacts
For further information, interested parties can reach out to:
- Carl Christian Bachke, IR Officer, tel.: +47 909 80 848
- Martin Seland Simensen, IR Officer, tel.: +47 416 92 087
- Kjetil Bakken, Head of IR, tel.: +47 918 89 889
Frequently Asked Questions
1. When will Aker BP release its Q1 2025 report?
The report is scheduled for release in early May 2025.
2. What was the average production for Aker BP in Q1 2025?
Aker BP's average production stood at 441.4 mboepd for the quarter.
3. How much natural gas did Aker BP sell in the first quarter?
The company sold 63.5 mboepd of natural gas during this period.
4. What are the realized prices for natural gas and liquids?
The realized prices were 85.2 USD/boe for natural gas and 75.0 USD/boe for liquids.
5. Who can I contact for investor relations inquiries at Aker BP?
Contacts include Carl Christian Bachke, Martin Seland Simensen, and Kjetil Bakken for investor relations inquiries.
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