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Production and Sales of Natural Gas

For fiscal year 2008/2009, natural gas production was forecasted at 4,060 MMscf/d with a budgeted sales average of 3,700 MMscf/d.  For the period July to August 2009, natural gas production averaged 4,101.77 MMscf/d and sales 3,706.13 MMscf/d. Production and Sales volumes continued to fluctuate following trends from the earlier periods. The difference between production and sales volumes represents gas re-injected, vented and flared. Tables 1 (a) and (b) show natural gas production and sales volumes (MMscf/d and BOE/D) respectively, for the quarter under review and compare the year to date natural gas production and sales volumes for the period October 2008 to August 2009. Tables 1 (c) and (d) highlight the five-year natural gas production and sales volume schedule in (MMscf/d and BOE/D) respectively.

TABLE 1 (a): Natural Gas Production & Sales Volumes, Budget Year 2008/2009(MMscf/d)

 

 

 

 

 

July

 

 

August

 

Year to Date Average
Oct 2008 -
Aug 2009

 

2008/2009
Budget Forecasted
Production

 

*Production

3,944.11

4,282.49

4,101.77

4,060.00

 

Sales

3,647.70

3,914.28

3,397.29

3,700.00

*     Margin of error = +/- 10 MMscf/d
**    NGC sales to Train I1 are included in bpTT’s sales to ALNG
*** Central Block


 

Table 1 (b)
Natural Gas Production & Sales 1olumes
Budget Year 2008/2009
(BOE/d)

 

 

 

 

 

July

 

 

August

 

Year to Date Average
Oct 2008-
Aug 2009

 

2008/2009
Budget Forecasted
Production

 

*Production

680,018.97

738,360.34

648,268.97

700,000.00

Sales

628,913.79

674,875.86

585,740.09

637,931.04

 

 

 
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