19th Dec 2005 07:42
BG GROUP plc19 December 2005 MediaInformation 19 December 2005 BG Group Trading Update - for the period 1 October to 30 November 2005 Following strong production performance and favourable trading conditions, BGGroup is today updating the market with the information set out below: As anticipated at the Q3 2005 results, upstream production has increasedsignificantly in the fourth quarter. Aggregate production for October andNovember was approximately 35 mmboe. These volumes have been produced in a firm price environment with averagerealised prices of approximately: Oil price $59 per barrelLiquids price $44 per barrelUK gas price 36p per therm (contracted and uncontracted)International gas price 21p per therm During the same period, BG Group's LNG activities have continued to perform wellwith five LNG trains in production and increased activity in marketed cargoes,against a backdrop of firm US gas prices. Enquiries: Communications +44 (0) 118 929 3717 Out of hours media mobile: +44 (0) 791 718 5707 Investor Relations Chris Lloyd/Helen Parris/ Kate Bingham +44 (0) 118 929 3025 Website: www.bg-group.com - ends - This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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