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Reserves

Reserves

At Sept. 30, 2022, proved reserves were 81.1 Bcfe, as calculated by Cawley, Gillespie and Associates, Inc., the Company’s independent consulting petroleum engineering firm. This was a 2% decrease, compared to the 83.0 Bcfe of proved reserves at Sept. 30, 2021. Total proved developed reserves decreased 12% to 68.1 Bcfe, as compared to Sept. 30, 2021, reserve volumes, mainly due to sales of working interest properties in the Fayetteville Shale, Arkoma Stack and Western Anadarko Basin.  SEC prices used for the Sept. 30, 2022, report averaged $6.41 per Mcf for natural gas, $90.33 per barrel for oil and $38.09 per barrel for NGL, compared to $2.79 per Mcf for natural gas, $56.51 per barrel for oil and $20.58 per barrel for NGL for the Sept. 30, 2021, report. These prices reflect net prices received at the wellhead.

Year-End 2022 Proved Reserves
Proved Reserves

 

 

Year-End 2022 Proved, Probable & Possible Reserves

Undeveloped Reserves

Historic Reserves Information

Reserves Update - September 30, 2022

Reserves Update - September 30, 2021

Reserves Update - September 30, 2020

Reserves Update - September 30, 2019

Reserves Update - September 30, 2018

Reserves Update - September 30, 2017

Reserves Update - September 30, 2016

Reserves Update - September 30, 2015

Reserves Update - September 30, 2014