During the second quarter of 2023, the Company saw curtailments and deferments of wells turned to sales in the Williston Basin in response to lower oil prices. The Company estimates that its production was impacted in the quarter by approximately 900 Boe per day. The Company still expects to achieve record Williston Basin volumes in the second quarter. Despite the curtailments, the Company saw material production out performance across all three basins of operations, including the Mascot project. NOG expects second quarter production volumes to be 90.5 to 90.8 Boe per day, but with lower quarter over quarter oil mix of approximately 60% driven in part by improved gas production from higher capture rates and the high oil-cut Williston deferments.
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