Of the total volume, crude oil and NGL production stood at 78,000 kboe/d in the fourth quarter of 2016, down from 81,000 kboe/d in the fourth quarter of 2015, while natural gas production totaled 92,000 kboe/d, compared with 96,000 kboe/d in the fourth quarter of the previous year.
Total hydrocarbon sales volume reached 14.8 million boe, compared with 15.4 million boe in October-December 2015.
Refining margin stood at $7.14/bbl, from $7.75/bbl in October-December 2015, while average realized crude price was at $41.55/bbl. Total refined product sales fell from 1.34 million tons to 1.27 million tons.
In October-December 2016, refinery utilization rate was 96%, versus 92% in 2015.