Where the business stands
Sep 26 closed · month-to-date running at 70,122 BOE/d
Production
72,007BOE/d
+0.9% vs prior month
Revenue
$58.1M
-6.5% vs prior month
Cash netback
$16.83/BOE
-1.16 vs prior month
Operating cost
$8.12/BOE
-0.06 vs prior month
Uptime
93.2%
114,999 bbl deferred
Liquidity
$632.8M
1.32x net leverage
Production, last 12 months
Gross barrels of oil equivalent per day, all fields. Gas is
converted at 6 Mcf to the barrel.
Where it comes from
Antelope Draw
32%
Sagebrush Flats
23%
Cottonwood Bend
19%
Rimrock North
16%
Mesquite Ridge
10%
Rate by field
Revenue, last 12 months
Realised oil $49.61 against WTI
$52.93 — a -3.32 differential, weighted
by each field's share of the month's volume.
The fields
| Field | Basin | Wells | BOE/d | vs prior | Uptime | Water cut | Op cost /BOE | Netback /BOE | Revenue |
|---|---|---|---|---|---|---|---|---|---|
| Antelope Draw | Delaware Basin, TX | 60 | 22,847 | -6.3% | 95.4% | 74% | $8.49 | $16.98 | $19.3M |
| Sagebrush Flats | Midland Basin, TX | 45 | 16,874 | -5.9% | 95.7% | 76% | $8.42 | $17.48 | $14.9M |
| Cottonwood Bend | Powder River, WY | 31 | 13,588 | +14.4% | 96.4% | 69% | $7.10 | $17.73 | $10.4M |
| Rimrock North | Uinta Basin, UT | 17 | 11,680 | -1.9% | 96.3% | 63% | $7.14 | $14.97 | $7.1M |
| Mesquite Ridge | Eagle Ford, TX | 25 | 7,019 | -8.2% | 96.3% | 79% | $9.17 | $17.78 | $6.6M |
Needs a decision this week
| Well | Field | Why | BOE/d | Uptime | Cost /BOE |
|---|---|---|---|---|---|
| Sagebrush 4-13H 42-412-30251 |
Sagebrush Flats | Workover this month | 203 | 63% | $19.97 |
| Antelope 8-29H 42-495-30454 |
Antelope Draw | Workover this month | 169 | 73% | $25.50 |
| Antelope 2-8H 42-336-30307 |
Antelope Draw | Workover this month | 310 | 62% | $14.62 |
| Sagebrush 6-23H 42-288-30321 |
Sagebrush Flats | Workover this month | 229 | 78% | $21.93 |
| Mesquite 2-7H 42-143-30469 |
Mesquite Ridge | Water handling | 119 | 91% | $11.86 |
| Antelope 9-34H 42-483-30489 |
Antelope Draw | Water handling | 133 | 93% | $13.24 |
Ranked by operating cost per barrel, lost uptime and whether a
workover ran this month. 4 workovers across the portfolio.
Safety
1.40TRIR
industry benchmark 0.98 · 64
days since a lost-time incident
3 recordable
incidents in twelve months.
9.5 bbl reportable spill volume.
Wells
| Producing | 173 |
| Shut in | 5 |
| Drilling | 1 |
| Waiting on completion | 8 |
| Total | 187 |
What is loaded right now
| Source | Grain | Feeds | Last load | State |
|---|---|---|---|---|
| SCADA historian | Per well, every 15 minutes | Production, uptime, deferred volume, flare meters | 7 min ago | Live |
| Production accounting | Per well, per month, allocated | Allocated volumes, run tickets, royalty base | 3 d ago | Month-end |
| ERP general ledger | Per invoice, per cost centre | Operating cost, G&A, capital spend, AFE actuals | 6 hr ago | Current |
| Land & lease | Per tract, per owner | Working interest, net revenue interest, lease obligations | 2 d ago | Month-end |
| HR & payroll | Per person, per pay period | Headcount, labour cost, overtime, hours worked | 1 d ago | Month-end |
| HSE incident log | Per event | Recordables, spills, near misses | 2 hr ago | Current |
| Marketing & settlements | Per delivery point, per month | Realised price, differentials, transport | 1 d ago | Month-end |
A number without a load time is a number you cannot act on, so
every panel above is dated. Month-end sources settle a week or two after the
month closes — which is exactly why the closed month and the month-to-date
figure are shown separately rather than blended.
See how the seven systems join →