WDS woodside energy group ltd

Ann: Woodside releases Reserves Statement and Sangomar update, page-2

  1. 29 Posts.
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    WDS states here that the Sangomar's DDA (depreciation, depletion, amortization) rate was $56/boe.
    This compares to WDS' average realised price of $63/boe in its Dec qtr report.
    Not sure what the Sangomar realised price was in Q4 but based on the WDS average it is just $7/boe above the Sangomar cost of DDA, not very much to cover production and royalty costs.
    Hopefully the Sangomar realised price is better than the WDS average otherwise it is very likely that WDS have operated Sangomar at a large loss in 2024.
 
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