Harbour Energy Reports 2025 Production of 474 kboepd; Forecasts 2026 Output of 435-455 kboepd
Harbour Energy reported a significant production increase to an average of 474 kboepd for 2025, driven by contributions from Wintershall Dea and enhanced operational efficiencies. The company forecasts 2026 output between 435,000 to 455,000 boepd, reflecting planned asset sales and the acquisition of LLOG, while projecting a free cash flow of approximately $0.6 billion for the year.
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Harbour Energy reported an average production of 474 kboepd for the year ending December 31, 2025, an 84% increase from 2024, attributed to contributions from Wintershall Dea and operational efficiencies. The production mix included approximately 40% liquids, 40% European gas, and 20% other gas.
Unit operating costs decreased to $13.0/boe. The company achieved a total revenue of $10.3 billion and EBITDAX of approximately $7.1 billion, reflecting a 66% and 78% increase respectively over 2024. Harbour forecasts 2026 production between 435,000 to 455,000 boepd, lower than 2025 due to planned asset sales and the acquisition of LLOG.
The financial outlook includes a free cash flow of approximately $0.6 billion for 2026, based on current commodity prices. Harbour has advanced carbon capture projects in Denmark and completed the integration of Wintershall Dea assets.
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