Where the business stands
Aug 26 closed · month-to-date running at 70,539 BOE/d
Production
70,726BOE/d
-1.4% vs prior month
Revenue
$62.8M
-0.2% vs prior month
Cash netback
$18.60/BOE
+0.15 vs prior month
Operating cost
$8.26/BOE
+0.09 vs prior month
Uptime
91.7%
145,824 bbl deferred
Liquidity
$632.8M
1.21x 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 $52.66 against WTI
$55.96 — a -3.30 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 | 22,803 | -3.7% | 95.1% | 74% | $8.45 | $18.92 | $21.2M |
| Sagebrush Flats | Midland Basin, TX | 45 | 16,581 | -5.6% | 94.9% | 75% | $8.52 | $19.22 | $16.1M |
| Cottonwood Bend | Powder River, WY | 31 | 13,296 | +14.2% | 95.6% | 69% | $7.16 | $19.54 | $11.1M |
| Rimrock North | Uinta Basin, UT | 17 | 11,187 | -1.4% | 93.1% | 63% | $7.50 | $16.54 | $7.5M |
| Mesquite Ridge | Eagle Ford, TX | 25 | 6,859 | -8.8% | 94.9% | 79% | $9.75 | $18.98 | $7.0M |
Needs a decision this week
| Well | Field | Why | BOE/d | Uptime | Cost /BOE |
|---|---|---|---|---|---|
| Antelope 12-47H 42-157-30580 |
Antelope Draw | Workover this month | 65 | 61% | $56.17 |
| Sagebrush 2-8H 42-289-30216 |
Sagebrush Flats | Workover this month | 290 | 56% | $24.61 |
| Sagebrush 11-43H 42-290-30461 |
Sagebrush Flats | Workover this month | 227 | 58% | $22.82 |
| Mesquite 5-17H 42-391-30539 |
Mesquite Ridge | Workover this month | 185 | 56% | $19.98 |
| Sagebrush 1-3H 42-383-30181 |
Sagebrush Flats | Workover this month | 177 | 60% | $17.00 |
| Rimrock 1-2H 43-289-30395 |
Rimrock North | Workover this month | 584 | 63% | $13.38 |
Ranked by operating cost per barrel, lost uptime and whether a
workover ran this month. 8 workovers across the portfolio.
Safety
0.93TRIR
industry benchmark 0.98 · 64
days since a lost-time incident
2 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 | 6 min ago | Live |
| Production accounting | Per well, per month, allocated | Allocated volumes, run tickets, royalty base | 1 d ago | Month-end |
| ERP general ledger | Per invoice, per cost centre | Operating cost, G&A, capital spend, AFE actuals | 8 hr ago | Current |
| Land & lease | Per tract, per owner | Working interest, net revenue interest, lease obligations | 1 d ago | Month-end |
| HR & payroll | Per person, per pay period | Headcount, labour cost, overtime, hours worked | 2 d ago | Month-end |
| HSE incident log | Per event | Recordables, spills, near misses | 3 hr ago | Current |
| Marketing & settlements | Per delivery point, per month | Realised price, differentials, transport | 2 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 →