Whiting Petroleum Corporation Reports Unaudited Consolidated Production Results for the Third Quarter and Nine Months Ended September 30, 2019; Provides Operating Guidance for the Full-Year 2019; Reports Impairment Charges for the Third Quarter Ended September 30, 2019
For the nine months, the company produced oil of 22,435 MBbl compared to 23,362 MBbl a year ago. NGLs was 5,709 MBbl compared to 5,610 MBbl a year ago. Natural gas was 38,167 MMcf compared to 34,703 MMcf a year ago. Total production was 34,506 MBOE compared to 34,756 MBOE a year ago.
The company also provided operating guidance for the full-year 2019. For the year, the company expected production of 45.0-46.5 MMBOE.
The company reported impairment charges for the third quarter ended September 30, 2019. For the quarter, the company reported impairment expenses of $2,550,000 compared to $7,302,000 in last a year ago.