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Bill Barrett Sees Production Up 6% from Q1; Down 5% from Q2 2016

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Bill Barrett Sees Production Up 6% from Q1; Down 5% from Q2 2016

Bill Barrett released its Q2 results. Highlights include:

Highlights Include:

Production sales volumes were 1.53 mmboe for Q2 which 6% higher than Q1 production of 1.433 mmboe and 5% lower than Q2 2016 production of 1.607 mmboe Q2 oil production was 902 mmbbls, a 9% increase from production of 825 mmbbls in Q1 2017 but 12% lower than Q2 2016 production of 1,0213 mmbbls Q2 natural gas production was 1,920 mmcf, a 2% increase from production of 1,890 mmcf in Q1 2017 but 1% lower than Q2 2016 production of 1,944 mmcf Q2 NGL production was 304 mmbbls, a 4% increase from production of 293 mmbbls Q1 2017 and 17% higher than Q2 2016 production of 260 mmbbls Capex was $59 million in the quarter, which is below the guidance of $65-$75 million
Despite capital expenditures of $59 million in Q2, fa…
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