Vitesse Energy, Inc. Reports Production Results for the Fourth Quarter and Full Year 2023
February 26, 2024 at 04:06 pm
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Vitesse Energy, Inc. reported production results for the fourth quarter and full year 2023. For the quarter, the company reported production of Oil was 2.968 MBbls as compared to 2,575 MBbls a year ago; Natural gas production was 8,232 MMcf compared to 7,274 MMcf a year ago; Combined volumes production were 4,340 MBoe as compared to 3,787 MBoe a year ago; Daily combined volumes production were 11,889 Boe per day as compared to 10,376 Boe per day a year ago.
For full year, oil and gas production averaged 11,889 Boe per day.
Vitesse Energy, Inc. is an independent energy company. The Company is engaged in the acquisition, development and production of non-operated oil and natural gas properties in the United States that are generally operated by oil companies and are primarily in the Williston Basin of North Dakota and Montana. It also has properties in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. It owns a working interest in over 5,734 gross productive wells and royalty interests in an additional 1,140 productive wells. It also owns working interests in a 224 gross wells, and an additional 363 gross wells that have been permitted for development by its operating partners. Its property in Williston Basin stretches from western North Dakota into eastern Montana. Its property in Denver-Julesburg Basin is located in Northeast Colorado and Southeast Wyoming. Its property in Powder River Basin assets primarily target the Parkman, Sussex, Turner and Niobrara formations.