Exploration & Appraisals | Production Rates | Forecast - Production
Pacific Exploration Reduces Costs, Sees Modest Production Growth
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Pacific Exploration & Production Corp. has provided an update for its third quarter 2015 operating results,
Third Quarter 2015 Results Total net production for the quarter is expected to be in the range of 152 to 154 Mboe/d, approximately 5% higher than during the same period in 2014. Sales volumes in the third quarter are expected to be in the range of 140 to 142 Mboe/d, which remained stable in comparison with the previous quarter. The OFT volumes are expected to be in the range of 2 to 3 Mbbl/d (compared to 10.8 Mbbl/d in the second quarter 2015). The volumes acquired for dilution were approximately 53 bbl/d (compared to 600 bbl/d in the second quarter 2015). The Company expects combined realized prices (including natural gas production) in the third quarter to be in the range of $50…- ✓ Full news archive — U.S., Canada & international coverage
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