Monthly Activity Updates
2024
-
March 2024 estimated production averaged 9,969 boe/d, which was comprised of 68% natural gas and 32% total liquids. Estimated production for February has been revised upward by 317 boe/d to 10,027 boe/d, reflecting an increase in working interest in recently drilled wells. This change was not captured in last month’s report due to the timing of the adjustment in ownership.
-
February 2024 estimated production averaged 9,710 boe/d, an increase of 339 boe/d over January. Volumes were comprised of 69% natural gas and 31% total liquids. The increase in production month over month is attributable to improved runtime, increased working interest in newly drilled wells and added production from new wells continuing to offset decline. Approximately 170 boe/d of dry gas volumes in our Foothills area remains shut-in due to low natural gas pricing.
-
January 2024 estimated production averaged 9,371 boe/d. Volumes were comprised of 69% natural gas and 31% total liquids. The increase in production month over month is attributable to volumes from the North Ferrier wells that were brought on production in late December. These incremental volumes were partially offset by unplanned downtime and strategic shut-ins.