GULFPORT ENERGY CORP
For the period ended Mar 31, 2025. Filed May 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 7, 2025
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2025 Production and Drilling Activity
Production Volumes
| Three Months Ended March 31, 2025 | Three Months Ended March 31, 2024 | |
|---|---|---|
| Natural gas (Mcf/day) | ||
| Utica & Marcellus | 686,964 | 811,357 |
| SCOOP | 150,851 | 162,207 |
| Total | 837,816 | 973,564 |
| Oil and condensate (Bbl/day) | ||
| Utica & Marcellus | 3,861 | 1,348 |
| SCOOP | 1,420 | 1,980 |
| Total | 5,282 | 3,329 |
| NGL (Bbl/day) | ||
| Utica & Marcellus | 3,495 | 1,981 |
| SCOOP | 6,467 | 8,050 |
| Total | 9,962 | 10,031 |
| Combined (Mcfe/day) | ||
| Utica & Marcellus | 731,105 | 831,333 |
| SCOOP | 198,175 | 222,389 |
| Total | 929,280 | 1,053,722 |
| Totals may not sum or recalculate due to rounding. | ||
Our total net production averaged approximately 929.3 MMcfe per day during the three months ended March 31, 2025, as compared to 1,053.7 MMcfe per day during the three months ended March 31, 2024. Production per day declined primarily due to natural declines resulting from the timing of our 2024 and 2025 development programs.
Utica/Marcellus. We spud eight gross (7.98 net) wells targeting the Utica formation during the three months ended March 31, 2025. In addition, we commenced sales on seven gross (6.99 net) operated Utica wells in March 2025.
As of April 30, 2025, we had two operated drilling rigs running in Ohio drilling the Utica formation.
SCOOP. We did not spud or commence sales on any operated wells in the SCOOP during the three months ended March 31, 2025.
As of April 30, 2025, we did not have an operated drilling rig running in the SCOOP.
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