Woodside Energy Group (ASX:WDS) logged record full-year production of 193.9 million barrels of oil equivalent (MMboe) in 2024, up 4% from 187.2 MMboe in 2023, according to a Wednesday filing with the Australian bourse.
The energy company's full-year production guidance is between 189 MMboe and 195 MMboe.
Sales rose 1% year on year to 203.5 MMboe. Revenue was down 6% to $13.15 billion from $14.03 billion.
In the fourth quarter alone, production reached 51.4 MMboe, a 7% increase compared with 48.1 MMboe a year earlier. Sales were 53.8 MMboe, up 9% from 49.5 MMboe. Revenue rose 3% to $3.47 billion.
Woodside attributed the performance to "outstanding production" from Sangomar with 75 Mboe/day produced in the quarter.
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