For the second quarter of 2024, SilverBow expects its production to be 90.8 – 95.4 MBoe/d, with oil volumes of 23.5 – 25.0 MBbls/d. For the full year 2024, the Company increased its production guidance to 90.0 – 97.3 MBoe/d. Based on the revised guidance, SilverBow’s full year 2024 oil/liquids volumes are expected to comprise 48% of the Company’s total production. Consistent with SilverBow’s returns driven strategy, the Company’s volume guidance assumes full ethane recovery in the NGL production stream for the remainder of 2024.
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