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Reduced long-term debt to $1.9 billionReiterated full-year 2023 capital expenditure outlook of $960 – $980 million Recent efficiency gains are expected to reduce 2024 drilling, completion, and...
Operator: Ladies and gentlemen, welcome to the Callon Petroleum Second Quarter 2023 Earnings Conference Call. [Operator instructions] Just to remind you today’s conference is being recorded.
Total hydrocarbon production in the Permian Delaware Basin, the top-producing play in the Permian, will hit a record 5.7 million barrels of oil equivalent per day (boepd) average in 2022, according to Rystad Energy research. Spurred on by high oil prices and appealing well economics, total production is set to grow by around 990,000 boepd, ...