Company: GPOR
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001628280-25-038172
Chunk: 94

Company: GULFPORT ENERGY CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 94
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,911 $32,625 16 %Lease operating expenses per McfeUtica & Marcellus$0.19 $0.14 36 %SCOOP0.33 0.28 18 %Total lease operating expenses per Mcfe$0.22 $0.17 27 %

The increase in our total and per unit LOE for the six months ended June 30, 2025 compared to the six months ended June 30, 2024, was primarily the result of an increase in water hauling, labor and costs associated with weather operations. 

Taxes Other Than Income (in thousands, except per unit)

Six Months Ended June 30, 2025Six Months Ended June 30, 2024% ChangeProduction taxes$10,753 $9,708 11 %Property taxes1,982 4,529 (56)%Other1,447 1,041 39 %Total taxes other than income$14,182 $15,278 (7)%Total taxes other than income per Mcfe$0.08 $0.08 1 %

The decrease in total taxes other than income for the six months ended June 30, 2025 compared to the six months ended June 30, 2024, was primarily related to a decrease in property taxes partially offset by increased production taxes resulting from the increase in revenues noted above.

Transportation, Gathering, Processing and Compression (in thousands, except per unit)

Six Months Ended June 30, 2025Six Months Ended June 30, 2024% ChangeTransportation, gathering, processing and compression$169,378 $173,148 (2)%Transportation, gathering, processing and compression per Mcfe$0.97 $0.90 7 %

 Transportation, gathering, processing and compression for the six months ended June 30, 2025 compared to the six months ended June 30, 2024 increased on a per unit basis primarily as a result of an increase in the proportion of natural gas liquids and oil and condensate sales and an 8% decrease in total production volumes as noted above. 

Depreciation, Depletion and Amortization (in thousands, except per unit)

Six Months Ended June 30, 2025Six Months Ended June 30, 2024% ChangeDepreciation, depletion and amortization of oil and gas properties$138,213