BW Energy cuts 2026 production guidance to about 23,000 barrels per day
Bitget2026/10/29 06:08- BW Energy cut 2026 production guidance to about 23,000 barrels per day from 24,000–27,000; capital expenditure guidance of USD 600–650 million was suspended.
- Fourth-quarter output faces disruption from the Dussafu rig incident; remaining drilling will be rescheduled once a replacement rig is contracted.
- Full-year operating cost guidance remains USD 22–26 per barrel, with general and administrative expenses forecast at USD 12–14 million.
- The 2028 production target remains above 100,000 barrels per day, with Maromba, Golfinho and Bourdon projects progressing as planned.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bank of Japan minutes turn hawkish: Most members believe a rate hike is needed soon, with a 70% probability of a hike in December
Minutes from the Bank of Japan show that several members believe a rate hike is needed in the near term, with a roughly 70% probability of an increase in December. Core inflation has met the target for the first time in 30 years, and the current policy rate stands at 1.25%.
Former Chainlink Product Marketing Director Michael Robinson joins Monad Foundation
The Federal Reserve Eyes $1.8 Trillion in “Shadow Credit”: Dallas and New York Fed Launch First Private Credit Survey
The Dallas and New York Federal Reserves have launched an investigation into private credit lending standards, covering an industry worth 1.8 trillions USD, with a minimum threshold of 50 millions USD. The results will be released in the first quarter of 2027.
Tom Lee Says a VIX Signal Points to a Stock Market Bottom
Crypto prices
More
