Kimbell Royalty Partners, LP Reports Unaudited Impairment of Oil and Natural Gas Properties for the First Quarter Ended March 31, 2024
May 02, 2024 at 12:19 pm
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Kimbell Royalty Partners, LP reported unaudited impairment of oil and natural gas properties for the first quarter ended March 31, 2024. For the quarter, the company reported impairment of oil and natural gas properties of $5,963,000.
Kimbell Royalty Partners, LP is an oil and gas mineral and royalty company. It owns mineral and royalty interests in over 17 million gross acres in 28 states and in onshore basin in the continental United States, including ownership in more than 129,000 gross wells. Its properties include the Permian Basin, Mid-Continent, Appalachian, Eagle Ford, Bakken, Terryville/Cotton Valley/Haynesville, and DJ Basin/Rockies/Niobrara. The Permian Basin extends from southeastern New Mexico into West Texas. The Mid-Continent is an area containing fields in Arkansas, Kansas, Louisiana, New Mexico, Oklahoma, Nebraska and Texas and including the Granite Wash, Cleveland, and Mississippi Lime formations. The Appalachian Basin covers most of Pennsylvania, eastern Ohio, West Virginia, western Maryland, eastern Kentucky, central Tennessee, western Virginia, northwestern Georgia, and northern Alabama. The Williston Basin stretches through North Dakota, the northwest part of South Dakota, and eastern Montana.
KIMBELL ROYALTY PARTNERS, LP 
