GULFPORT ENERGY CORP
For the period ended Jun 30, 2025. Filed Aug 6, 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.
Jun 30, 2025 · Filed Aug 6, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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2025 Production and Drilling Activity
Production Volumes
| Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | |
|---|---|---|
| Natural gas (Mcf/day) | ||
| Utica & Marcellus | 736,420 | 816,935 |
| SCOOP | 154,939 | 155,552 |
| Total | 891,359 | 972,487 |
| Oil and condensate (Bbl/day) | ||
| Utica & Marcellus | 6,135 | 977 |
| SCOOP | 1,708 | 1,770 |
| Total | 7,843 | 2,747 |
| NGL (Bbl/day) | ||
| Utica & Marcellus | 4,555 | 2,349 |
| SCOOP | 6,759 | 7,845 |
| Total | 11,313 | 10,195 |
| Combined (Mcfe/day) | ||
| Utica & Marcellus | 800,557 | 836,892 |
| SCOOP | 205,742 | 213,245 |
| Total | 1,006,299 | 1,050,137 |
| Totals may not sum or recalculate due to rounding. | ||
Our total net production averaged approximately 1,006.3 MMcfe per day during the three months ended June 30, 2025, as compared to 1,050.1 MMcfe per day during the three months ended June 30, 2024. Production per day declined primarily due to natural declines resulting from the timing of our 2024 and 2025 development programs and the impact of unplanned, third-party midstream outages and constraints.
| Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | |
|---|---|---|
| Natural gas (Mcf/day) | ||
| Utica & Marcellus | 711,829 | 814,146 |
| SCOOP | 152,907 | 158,879 |
| Total | 864,735 | 973,025 |
| Oil and condensate (Bbl/day) | ||
| Utica & Marcellus | 5,005 | 1,163 |
| SCOOP | 1,565 | 1,875 |
| Total | 6,570 | 3,038 |
| NGL (Bbl/day) | ||
| Utica & Marcellus | 4,028 | 2,165 |
| SCOOP | 6,614 | 7,948 |
| Total | 10,641 | 10,113 |
| Combined (Mcfe/day) | ||
| Utica & Marcellus | 766,023 | 834,112 |
| SCOOP | 201,979 | 217,817 |
| Total | 968,002 | 1,051,929 |
| Totals may not sum or recalculate due to rounding. | ||
Our total net production averaged approximately 968.0 MMcfe per day during the six months ended June 30, 2025, as compared to 1,051.9 MMcfe per day during the six months ended June 30, 2024. Production per day declined primarily due to natural declines partially offset by our 2024 and 2025 development programs and the impact of unplanned, third-party midstream outages and constraints.
Utica/Marcellus. We spud four gross (4.0 net) wells targeting the Utica formation during the three months ended June 30, 2025. In addition, we commenced sales on eight gross (8.0 net) operated Utica wells and four gross (4.0 net) operated Marcellus wells.
As of July 30, 2025, we had one operated drilling rig running in Ohio drilling the Utica formation.
SCOOP. We did not spud any operated wells in the SCOOP during the three months ended June 30, 2025. We commenced sales on two gross (1.8 net) operated SCOOP wells.
As of July 30, 2025, we did not have an operated drilling rig running in the SCOOP.
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