Callon Petroleum(CPE) - 2022 Q4 - Annual Report
Callon Petroleum(US:CPE)2023-02-23 21:14• Revisions to Previous Estimates. Net negative revisions of previous estimates of 31.6 MMBoe primarily consist of: ◦ 44.4 MMBoe reduction due to PUD locations that were reclassified to unproved reserve categories, all of which were in the Permian. Certain PUDs were moved outside of their five-year development window as we continue to refine our future development plans for the Permian, including increased application of our "Life of Field" codevelopment model. This development model focuses on optimization ...