Northern Oil and Gas, Inc. Provides Production Guidance for the Fourth Quarter of 2023 and Full Year of 2024
February 16, 2024 at 04:05 pm EST
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Northern Oil and Gas, Inc. provided production guidance for the fourth quarter of 2023 and full year of 2024. Fourth quarter 2023 production estimated to be 114.4 Mboe per day, resulting in annual production toward the high end of NOG?s guidance range.
Full year 2024 production expected between 115,000 boe per day? 120,000 boe per day, with oil production estimated at 70,000 bbl per day ? 73,000 bbl per day.
Northern Oil and Gas, Inc. is a real asset company that focuses on acquiring and investing in non-operated minority working and mineral interests in the hydrocarbon producing basins within the contiguous United States. Its principal business is crude oil and natural gas exploration, development, and production with operations in the United States. Its 272,251-acre portfolio is distributed across the Williston, Permian, and Appalachia Basins. Its portfolio comprises about 272,251 acres of low-breakeven lands with over 9,765 wells. Diversified by basin and across commodity type, its wells are operated by over 100 public and private operators. It primarily engages in oil and natural gas exploration and production by participating on a proportionate basis alongside third-party interests in wells drilled and completed in spacing units that include its acreage. In addition, it acquires wellbore-only working interests in wells. It also owns the Utica and Northern Delaware Basin assets.
NORTHERN OIL AND GAS, INC. 
