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BHP Talk 2017 Results and 2018 Drilling Plans
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Total petroleum production for the 2017 financial year decreased by 13 per cent to 208 MMboe reflecting the deferral of development activity in Onshore US for value and natural field decline.
2018 Development Program Production Forecast/Guidance : 180 - 190 MMboe Production Forecast/ Guidance (daily) : 493 - 520 Mboe/d 2018 Capital Expenditure Total Petroleum CapEx = $2.0 Billion Conventional (GOM + Western Australia and Caribbean ) = $800 Million Onshore US (Eagle ford, Permian-Delaware, Haynesville) : $1200 MillionTotal petroleum production for the 2018 financial year is expected to decrease to between 180 and 190 MMboe, comprising Conventional volumes between 119 and 123 MMboe and Onshore US volumes between 61 and 67 MMboe.
The expanded rig program is forecast to deliver Onshore…
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