20
BUSINESS OUTLOOK
2017
Figure 7: Monthly Production Trend
0
10
20
30
40
50
60
70
Jan Feb Mar
Apr
May Jun Jul
Aug Sep Oct
Nov Dec
Production (Million boe)
2014
2015
2016
Source: OGA
Figure 8: Drivers of Production Change
-40
-20
0
20
40
60
80
100
Net Production Change (Million boe)
Restart
Existing Asset
New Start
Ceased
2014 to 2015
+10.4%
2015 to 2016
+4.7%
Source: OGA