Gulfport Energy might be one of Ohio’s larger gas producers, but the company wants to see greater liquids volumes from new wells drilled this year.
With natural gas prices hovering near record lows, Gulfport is cutting gas-weighted drilling activity and deferring certain completion activities to the back half of the year, the Oklahoma City-based E&P said in first-quarter earnings after markets closed April 30.
Pushing back drilled and completed (D&C) activity should have little impact on Gulfport’s overall gas production, however.