BW Energy: Q2 2026 operational update

Summary by AI BETAClose X

BW Energy reported preliminary operational figures for the second quarter of 2026, with net production reaching 2.3 million barrels of oil, averaging 25.3 thousand barrels of oil per day from its Dussafu and Golfinho fields. This production level is consistent with the first quarter of 2026 but lower than the 2.9 million barrels produced in the second quarter of 2025. The company sold 3.2 million barrels in the current quarter, a significant increase from 2.2 million in the prior quarter, and achieved an average realized price of $103.5 per barrel, up from $79.0 in Q1 2026 and $66.7 in Q2 2025. Production costs averaged $24.0 per barrel, an increase from $22.2 in Q1 2026. BW Energy will release its full financial results on July 30, 2026.

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