Mach Natural Resources LP(US:MNR)2025-03-13 20:19Reserves and Revenue - As of December 31, 2024, Mach Natural Resources LP has total proved reserves of 67,434.5 Mbbl of oil, 1,072,002.6 MMcf of gas, and 91,149.8 Mbbl of NGL[3] - The estimated revenue from proved reserves is $5,013,270.8 million for oil, $1,234,426.9 million for gas, and $1,826,444.1 million for NGL, totaling $8,074,171.8 million[3] - The Minor Upstream properties have proved reserves of 6,293.0 Mbbl of oil, 165,946.0 MMcf of gas, and 11,640.0 Mbbl of NGL, with total revenue estimated at $810,689.0 million[4] Operating Income and Expenses - Operating income before interest and taxes (BFIT) is estimated at $3,480,301.5 million, discounted at 10%[3] - The total operating expenses are projected to be $2,868,566.2 million, with severance and ad valorem taxes amounting to $621,293.0 million[3] - The discounted operating income for the Major Upstream properties is $1,347,017.1 million, while for the Minor Upstream properties it is $118,722.1 million[4] Property Investments - Investments for the Major Upstream properties are estimated at $852,255.1 million, while the Minor Upstream properties have investments of $162,887.6 million[4] Market Prices - The average Henry Hub spot market gas price used in the report is $2.130 per MMBtu, and the average WTI Cushing spot oil price is $75.48 per barrel[7] Methodology - The reserve estimates are based on a combination of production performance and analogy methods, reflecting the best judgment based on available data[10] Cash Flows - The Major Upstream properties account for approximately 92% of the cumulative discounted cash flows from proved developed producing reserves[4]