Company: EXEEZ
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000895126-25-000021
Chunk: 159

Company: EXPAND ENERGY Corp
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 159
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SIDIARIESSUPPLEMENTARY INFORMATION - (Continued)

The principal sources of change in the standardized measure of discounted future net cash flows are as follows:Years Ended December 31,202420232022Standardized measure, beginning of period$4,477 $26,305 $12,287 Sales of natural gas and oil produced, net of production costs  and gathering, processing and transportation(a)(1,521)(2,171)(8,116)Net changes in prices and production costs(2,266)(23,535)14,256 Extensions and discoveries, net of production and   development costs50 182 251 Changes in estimated future development costs652 346 (1,512)Previously estimated development costs incurred during the period396 818 690 Revisions of previous quantity estimates(922)(205)6,697 Purchase of reserves-in-place5,409 77 7,047 Sales of reserves-in-place— (7,158)(402)Accretion of discount457 3,270 1,371 Net change in income taxes58 6,301 (4,972)Changes in production rates and other741 247 (1,292)Standardized measure, end of period(a)$7,531 $4,477 $26,305 ___________________________________________(a)    Excludes gains and losses on derivatives. Production costs includes severance and ad valorem taxes.

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