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Production

In 2023, hydrocarbon production totaled 644.7 million barrels of oil equivalent (mmboe), including 82.39 bcm of natural gas and 12.37 million tons (mmt) of liquid hydrocarbons (gas condensate and crude oil), resulting in an increase in total hydrocarbons produced by 6.0 mmboe, or by 0.9% as compared with the twelve months 2022.

NOVATEK’s hydrocarbon production including share in production of joint ventures
 
 
2023
2022
Change
Natural gas, bcm
202382.39
202282.14
Change0.3%
Liquids hydrocarbons, mln tons
202312.37
202211.94
Change3.6%
Total hydrocarbons, mln boe
2023644.7
2022638.7
Change0.9%
Total hydrocarbons, mln boe per day
20231.77
20221.75
Change0.9%
Production of natural gas, bcm
Production of liquid
hydrocarbons, mmt

Since 2016 natural gas production includes gas volumes consumed in oil and gas production and development activities (primarily, as fuel gas).