SandRidge Energy, Inc. Reports Unaudited Production Results for the Third Quarter and Nine Months Ended September 30, 2023
November 06, 2023 at 04:15 pm EST
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SandRidge Energy, Inc. reported unaudited production results for the third quarter and nine months ended September 30, 2023. For the quarter, the company reported production of Oil was 267 MBbl against 259 MBbl a year ago; Natural Gas was 5,276 MMcf against 5,286 MMcf a year ago; NGL was 440 MBbl against 499 MBbl a year ago; Oil equivalent was 1,586 MBoe against 1,638 MBoe a year ago; Daily production was 17.2 MBoed against 17.8 MBoed a year ago.
For nine months, the company reported production of Oil was 816 MBbl against 680 MBbl a year ago; Natural Gas was 15,373 MMcf against 15,712 MMcf a year ago; NGL was 1,301 MBbl against 1,566 MBbl a year ago; Oil equivalent was 4,679 MBoe against 4,864 MBoe a year ago; Daily production was 17.1 MBoed against 17.8 MBoed a year ago.
SandRidge Energy, Inc. is an independent oil and gas company engaged in the development, acquisition and production of oil and gas assets. The Companyâs primary area of operations is the Mid-Continent region in Oklahoma and Kansas. Its primary operations are the production, development, and acquisition of hydrocarbon resources. The Company holds interests in about 1,453 gross (849 net) producing wells, approximately 958 of which it operates, and 548,895 gross (364,201 net) total acres under lease. Its productive wells consist of wells that are producing hydrocarbons. The Company sells its oil, natural gas, and natural gas liquids (NGLs) to a variety of customers, including oil and natural gas companies and trading and energy marketing companies. The Companyâs subsidiaries include SandRidge Exploration and Production, LLC, SandRidge Holdings, Inc., SandRidge Midstream, Inc., SandRidge Operating Company, and SandRidge Realty, LLC.
SANDRIDGE ENERGY, INC. 
