-
Comstock Resources ( NYSE: CRK ) on Thursday said its proved natural gas and oil reserves as of December 31, 2022 were estimated at 6.7 trillion cubic feet equivalent, up 9% from 6.1 Tcfe as of December 31, 2021.
-
The 6.7 Tcfe of proved reserves at December 31, 2022 were substantially all natural gas, 38% developed and 98% operated by Comstock, the company said.
-
The PV-10 Value of the reserves were about $15.5 billion, using the company's average first of month 2022 prices of $6.03 per thousand cubic feet of natural gas and $91.21 per barrel of oil.
For further details see:
Comstock's proved reserves at end of 2022 stands at 6.7 Tcfe