Company: GPOR
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001628280-25-008043
Chunk: 107

Company: GULFPORT ENERGY CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1
Chunk 107
---
worker protection and workplace safety;

•approval or permits to drill and to conduct operations;

•provision of financial assurances (such as bonds) covering drilling and well operations;

•calculation and disbursement of royalty payments and production taxes;

•seismic operations and data;

•location, drilling, cementing and casing of wells;

•well design and construction of pad and equipment;

•construction and operations activities in sensitive areas, such as wetlands, coastal regions or areas that contain endangered or threatened species, their habitats, or sites of cultural significance;

•method of completing wells;

•hydraulic fracturing;

•water withdrawal;

•well production and operations, including processing and gathering systems;

•emergency response, contingency plans and spill prevention plans;

•air emissions and fluid discharges;

•climate change;

•use, transportation, storage and disposal of fluids and materials incidental to oil and gas operations;

•surface usage, maintenance, monitoring and the restoration of properties associated with well pads, pipelines, impoundments and access roads;

•plugging and abandoning of wells; and

•transportation of production.

In recent years, federal, state and local governments have taken steps to reduce emissions of greenhouse gases (“GHG”). We consider the costs of environmental, safety and health protection and compliance to be necessary, manageable parts of our business. We have been able to plan for and comply with environmental, safety and health laws and regulations without materially altering our operating strategy or incurring significant unreimbursed expenditures. However, based on policy and regulatory trends and increasingly stringent laws, our capital expenditures and operating expenses related to compliance with the protection of the environment, safety and health have increased over the years and may continue to increase. We cannot predict with any reasonable degree of certainty our future exposure concerning such matters. See the Risk Factors described in Item 1A. of this report for further discussion of governmental regulation and ongoing regulatory changes, including with respect to environmental matters. We cannot predict with any reasonable degree of certainty our future exposure concerning such matters.

15

Table of ContentsIndex to Financial Statements

Our operations are also subject to conservation regulations, including the regulation of the size of drilling and spacing units or proration units, the number of wells that may be drilled in a unit, the rate of production allowable from oil and gas wells, and the unitization or pooling of oil and gas properties. In the United States, some states allow the compulsory pooling or integration of tracts to facilitate exploration and development. Other states rely on voluntary pooling of lands