FINANCIALS
FY 2023
FY 2022
Variance
$ millions, subject to rounding
Oil (MBBL)
17,505
17,879
2%
Gas + NGLs (MMCF)
54,453
55,800
2%
Million Barrels of Oil Equivalent (MBOE)
26,581
27,179
2%
West Texas Intermediate (WTI)
$87.81
$81.45
-7%
Avg. Oil Price Received
$88.60
$82.08
-7%
Avg. Gas Price Received (including NGLs)
$7.43
$5.32
-28%
Oil Revenue
1,556
1,484
-5%
Gas Revenue
421
302
-28%
Bonuses, Unitization Payments
147
79
-46%
Total
$2,125
$1,864
-12%
Water, Caliche, Damages
25
36
42%
Grazing
7
5
-30%
Easements, Renewables & Salt Water Disposal
62
77
25%
Interest, Penalty, Assignment Fees
2
3
74%
26%
Total
$96
$121
TOTAL REVENUE (Gross)
$2,220
$1,986
-11%
General & Administrative + Operating Costs
16%
19
22
$/Barrel of Oil Equivalent Production
13%
0.72
0.82
NET REVENUE
$2,201
$1,964
-11%
26
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