Exploration & Production | Top Story | Quarterly / Earnings Reports | Fourth Quarter (4Q) Update
Whiting to Fully Deploy New Completion Design In 2014
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Whiting Petroleum Corporations' production in the fourth quarter of 2013 totaled 9.289 million barrels of oil equivalent (MMBOE), of which 87% were crude oil/natural gas liquids (NGLs).
This fourth quarter 2013 production total equates to an average production rate of 100,965 barrels of oil equivalent per day (BOE/d), representing a 17% increase over the fourth quarter 2012 average rate of 86,055 BOE/d and a 9% increase over the third quarter 2013 average rate of 92,750 BOE/d.
Production in 2013 totaled a record 34.34 MMBOE or 94,090 BOE/d. This represents a 14% increase over total production of 30.21 MMBOE or 82,540 BOE/d in 2012. Excluding production associated with the Postle/Northeast Hardesty sale, our production in 2013 was up 21% over 2012.
James J. Volker, Whitings Chairman and…
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