221
FINANCIALS
FY 2023
FY 2024
VARIANCE
$ millions, subject to rounding
Oil (MBBL)
17,879
19,962
12%
Gas (MMCF)
38,433
41,757
9%
NGLs (BBL)
6,219
6,832
10%
Million Barrels of Oil Equivalent (MBOE)
30,504
33,754
11%
West Texas Intermediate (WTI)
$81.45
$80.00
-2%
Avg. Oil Price Received ($/BBL)
$82.08
$80.45
-2%
Avg. Gas Price Received ($/MCF)
$3.64
$1.49
-59%
Avg. NGL Price Received ($/BBL)
$26.46
$21.84
-18%
Oil Revenue
$1,484
$1,582
7%
Gas Revenue
$139
$63
-55%
NGL Revenue
$163
$150
-8%
Bonuses, Unitization Payments
$79
$55
-31%
TOTAL
$1,865
$1,850
-1%
Water, Caliche, Damages
$36
$40
11%
Grazing
$5
$5
-4%
Easements, Renewables & Salt Water Disposal
$77
$79
3%
Interest, Penalty, Assignment Fees
$3
$2
-24%
TOTAL
$121
$127
4%
TOTAL REVENUE
$1,986
$1,977
-0.4%
General & Administrative + Operating Costs
22
28
27%
$/Barrel of Oil Equivalent Production
0.72
0.83
15%
NET REVENUE
$1,964
$1,949
-1%
ANNUAL REPORT 2024
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