Kimbell Royalty Partners, LP Reports Production Results for the First Quarter Ended March 31, 2024
May 02, 2024 at 04:30 pm IST
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Kimbell Royalty Partners, LP reported production results for the first quarter ended March 31, 2024. First quarter 2024 average daily production was 27,454 Boe per day (6:1), which consisted of 2,776 Boe per day related to prior period production recognized in First Quarter 2024, and 24,678 Boe per day of run-rate production. The 24,678 Boe per day of run-rate production was composed of approximately 50% from natural gas (6:1) and approximately 50% from liquids (32% from oil and 18% from NGLs).
The prior period production recognized in First Quarter 2024 was attributable to past production that came into pay status during the first quarter of 2024.
Kimbell Royalty Partners, LP is an oil and gas mineral and royalty company. It owns mineral and royalty interests in over 17 million gross acres in 28 states and in onshore basin in the continental United States, including ownership in more than 129,000 gross wells. Its properties include the Permian Basin, Mid-Continent, Appalachian, Eagle Ford, Bakken, Terryville/Cotton Valley/Haynesville, and DJ Basin/Rockies/Niobrara. The Permian Basin extends from southeastern New Mexico into West Texas. The Mid-Continent is an area containing fields in Arkansas, Kansas, Louisiana, New Mexico, Oklahoma, Nebraska and Texas and including the Granite Wash, Cleveland, and Mississippi Lime formations. The Appalachian Basin covers most of Pennsylvania, eastern Ohio, West Virginia, western Maryland, eastern Kentucky, central Tennessee, western Virginia, northwestern Georgia, and northern Alabama. The Williston Basin stretches through North Dakota, the northwest part of South Dakota, and eastern Montana.
KIMBELL ROYALTY PARTNERS, LP 
