Company: GPOR
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001628280-25-008043
Chunk: 213

Company: GULFPORT ENERGY CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 7
Chunk 213
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Bbl)$69.64 $73.27 Impact from settled derivatives ($/Bbl)$0.11 $(2.53)Average price, including settled derivatives ($/Bbl)$69.75 $70.74 NGL (MBbl/day)Utica & Marcellus production volumes3 2 SCOOP production volumes8 10 Total production volumes10 12 Total sales$112,855 $119,717 Average price without the impact of derivatives ($/Bbl)$29.56 $27.29 Impact from settled derivatives ($/Bbl)$(0.56)$2.07 Average price, including settled derivatives ($/Bbl)$29.00 $29.36 Total (MMcfe/day)Utica & Marcellus production volumes842 784 SCOOP production volumes212 270 Total production volumes1,054 1,054 Total sales$928,604 $1,051,383 Average price without the impact of derivatives ($/Mcfe)$2.41 $2.73 Impact from settled derivatives ($/Mcfe)$0.73 $0.40 Average price, including settled derivatives ($/Mcfe)$3.14 $3.13 

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Table of ContentsIndex to Financial Statements

Year Ended December 31, 2024Year Ended December 31, 2023% ChangeNatural gas$714,160 $831,812 (14)%Oil and condensate101,589 99,854 2 %NGL112,855 119,717 (6)%Total natural gas, oil and condensate and NGL sales$928,604 $1,051,383 (12)%

The decrease in natural gas sales without the impact of derivatives when comparing the year ended December 31, 2024, to the year ended December 31, 2023, was primarily due to a 15% decrease in realized natural gas prices, partially offset by a 1% increase in sales volumes. The realized price change was primarily driven by the decrease in the average Henry Hub gas index from $2.74 per Mcf in the year ended December 31, 2023, to $2.27 per Mcf during the year ended December 31, 2024. The 1% increase in natural gas production was primarily due to our 2023 and 2024 development