Company: GPOR
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001628280-25-008043
Chunk: 134

Company: GULFPORT ENERGY CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1A
Chunk 134
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 table sets forth information with respect to operated wells drilled during the periods indicated. The information should not be considered indicative of future performance, nor should it be assumed that there is necessarily any correlation between the number of productive wells drilled, quantities of reserves found or economic value. Productive wells are those that produce commercial quantities of hydrocarbons, regardless of whether they produce a reasonable rate of return. 

Year Ended December 31,202420232022GrossNetGrossNetGrossNetDevelopment:Productive21 19.8 24 21.9 25 21.7 Dry— — — — — — Total21 19.8 24 21.9 25 21.7 Exploratory:Productive— — — — — — Dry— — — — — — Total— — — — — — 

The following table presents activity by operating area for the year ended December 31, 2024: 

OperatedNon-OperatedFieldDrilledTurned to SalesDrilledTurned to SalesGrossNetGrossNetGrossNetGrossNetUtica & Marcellus(1)18.017.416.015.416.00.18.00.1SCOOP(2)3.02.43.02.418.00.216.00.1Total21.019.819.017.834.00.324.00.2_____________________

(1)    Of the 18 gross wells drilled in 2024, 10 were completed as producing wells and eight were in various stages of drilling and completion as of December 31, 2024.

(2)    The three gross wells that were drilled in 2024 were completed as producing wells as of December 31, 2024.

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Table of ContentsIndex to Financial Statements

Production, Prices and Production Costs

The following table presents our production volumes, average prices received and average production costs during the periods indicated (sales totals in thousands):Year Ended December 31, 2024Year Ended December 31, 2023Year Ended December 31, 2022Natural gas salesNatural gas production volumes (MMcf)354,154 350,306 322,366 Natural gas production volumes (MMcf) per day968 960 883 Total sales$714,160 $831,812