Gulfport’s Q2 production dips in Utica Shale compared to 2018
Friday, July 26, 2019
Although Gulfport Energy saw an overall production increase in the second quarter of 2019 when compared to the same quarter a year ago, its Utica Shale production dipped slightly, according to Kallanish Energy.
The company as a whole reported second quarter 2019 net production of 1.36 billion cubic feet-equivalent per day (Bcfe/d), which was a 2.2% increase over second-quarter 2018 production of 1.33 Bcfe/d. That mix was roughly 90% natural gas, 7% natural gas liquids and 3% oil.
However, its production in Ohio’s Utica Shale dropped from 92.67 Bcf in the second quarter of 2018, to 92.30 Bcf in during the same period this year. Its gas-equivalent production also dipped, from 96.99 Bcfe, to 95.62 Bcfe.
Learn more: Kallanish Energy > Gulfport’s Q2 production up 2.2% from year ago
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