SandRidge Energy, Inc. Reports Unaudited Production Results for the Second Quarter and Six Months Ended June 30, 2023
August 02, 2023 at 05:19 pm EDT
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SandRidge Energy, Inc. reported unaudited production results for the second quarter and six months ended June 30, 2023. For the quarter, the company reported total oil production of 288 MBbl against 207 MBbl a year ago. Total natural gas production was 5,185 MMcf against 5,231 MMcf a year ago. Total NGL production was 441 MBbl against 541 MBbl a year ago. Total oil equivalent production was 1,593 MBoe against 1,620 MBoe a year ago. Total daily production was 17.5 MBoed against 17.8 MBoed a year ago.
For the six months, the company reported total oil production of 549 MBbl against 421 MBbl a year ago. Total natural gas production was 10,097 MMcf against 10,426 MMcf a year ago. Total NGL production was 861 MBbl against 1,067 MBbl a year ago. Total oil equivalent production was 3,093 MBoe against 3,226 MBoe a year ago. Total 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. 
