Oil Search’s focus on performance, cost and capital allocation continued to deliver results in the December quarter last year, with record annual LNG production in Papua New Guinea (PNG). Outlined in
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Woodside aims high for production following 2020 success
Woodside chief executive officer Peter Coleman has reported that the company’s 2020 annual production was 12 per cent higher than 2019 despite the impact of COVID-19.
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Beach increases production target
Strong operating performance also underpins Beach’s decision to increase standalone FY18 production guidance to 10.6-11.0 MMboe, up from the previous guidance of 10.0-10.6 MMboe.
Beach’s production
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