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BW Energy provides Q2 2026 operational update


17 Jul 2026

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BW Energy will publish its financial results for the second quarter and first half of 2026 on 30 July 2026. Today, the company provides preliminary operational figures.

Net production attributable to BW Energy was 2.3 million barrels of oil (mmbbls) in the second quarter of 2026, equivalent to 25.3 thousand barrels of oil per day (kbopd), from the Dussafu field in Gabon (73.5% working interest) and the Golfinho field in Brazil (100% working interest).

       
  Q2 2026 Q1 2026 Q2 2025
Net production (mmbbls) 2.3 2.3 2.9
Dussafu 1.8 1.7 2.4
Golfinho 0.5 0.5 0.5
       
Net production (kbopd) 25.3 25.2 32.3
Dussafu 19.3 19.2 26.6
Golfinho 6.0 5.9 5.7
       
Net volume sold (mmbbls) 3.2 2.2 2.8
Dussafu1 2.3 1.8 2.3
Golfinho 0.9 0.4 0.5
1incl. Domestic market obligations (DMO) 0.1 0.0 0.07
1incl. State profit oil 0.2 0.2 0.3
       
End of quarter stock inventory (mmbbls) 0.2 1.0 0.5
Dussafu (0.0) 0.4 -0.2
Golfinho 0.2 0.6 0.7
       
Average realised price (USD/bbl) 103.5 79.0 66.7
Dussafu 101.2 83.1 66.2
Golfinho 109.0 61.0 69.1
       
Production costs2
(USD/bbl)
24.0 22.2 20.4
Dussafu 15.6 16.0 14.3
Golfinho 51.1 42.4 49.0

2) Production costs exclude Royalties, Tariffs, Workovers, Domestic Market Obligation purchases, Production Sharing costs in Gabon, and incorporates the impact of IFRS 16 adjustments.

Reporting

BW Energy will publish its financial results for the second quarter and first half of 2026 on 30 July at 07:00 CEST. Management will host a webcast presentation later the same day at 14:00 CEST, followed by a live Q&A session.

Original announcement link

Source: BW Energy





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