Web production of everything 70,one hundred thousand barrels regarding oil similar regarding one-fourth was in range with your requirement. Conversion amounts from 82,100000 barrels away from oil similar were more than pointers because the good outcome of a supplementary Jubilee freight in the Ghana, loading inside the late December.
In the first one-fourth regarding the seasons, we allowed a realized price net from hedging more than $80 for each and every barrel. Will cost you have been all in line otherwise just below earlier pointers, and that helped to drive the present confident 4Q performance. When i stated during my opening statements, we made lots of improvements for the harmony piece inside 2021.
In addition to graph into the left in the slip means that exchangeability stays during the a healthy and balanced level. This quarter, i be prepared to finish the refinancing of your own RCF pressing one readiness to later 2024. The fresh graph off to the right implies that i expect to have no topic obligations maturities up until later 2024 in the current, although we would plan to make use of all of our independence so you can prepay some of our own existing debt long before you to. With this, I will hand back in order to Andy when deciding to take your through the year to come.
Looking at Slip 16
Thanks, Neil. All over our business, that is an essential year for the business. Our company is investing in all of our key possessions to push the increase when you look at the manufacturing and money move we mentioned before. Turning to Fall 18.
From inside the Ghana, i have a scene-group field into the Jubilee with the possibility to develop at the raised account for the next several years once we deliver to the our preparations. Inside the 2022, our company is expenses resource from inside the around three infill wells, you to producer, and two injectors that contain the base creation. With these the new wells, combined with benefits of this new wells i drilled this past year, we expect to deliver seasons-on-seasons progress from the Jubilee around ten%, with this new feeling of these two-month shutdown planned on the second quarter. In the avoid of the season, the connection intends to initiate screwing the initial Jubilee South east wells.
Jubilee The southern area of was an untapped the main tank, where i will be fucking down GOR wells. Immediately after on line, into the mid-2023, such wells will be post terrible design when you look at the Jubilee to around a hundred,100000 drums away from oils daily. Towards 10, while the driver led in past times, production is expected so you can pattern down up until we come across the advantages of wells that are are drilled after this season. The connection plans to buy a couple infill wells this season, that music producer and something injector, that should assist stalk .
The new know price of around $65 per barrel, that has the effect out-of hedging, is materially greater than the previous quarter, a trend i be prepared to continue in 2022
The audience is along with fucking several riser-based wells, that are targeting a keen undeveloped extension of NTM tank nearer on the FPSO, making it possible for us to make use of present infrastructure. These types of riser-depending wells are required on the internet in 2023 and really should help to boost production. Once the agent recently communicated, the fresh new expanded-identity plan which have Ten is to double newest creation profile of the raising the passion from the 10 which have an additional rig during the Ghana. Ultimately, our company is lined up towards dating bhm bbw club the user and also the Regulators out-of Ghana so you’re able to beat program flaring because of the 2025.
Due to the fact an initial step, i plan to modify the fuel dealing with system on the Jubilee FPSO for the shutdown on the second quarter with the season, that is likely to help us inject and you may export so much more gas quantities. Looking at Slip 19. From inside the Equatorial Guinea, production season yet features always been strong just like the a beneficial consequence of the latest wells drilled late this past year. During the 2022, financing might be worried about business fix, better performs, another ESP system with the aim away from staying development around these types of membership from the seasons.