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STS - SilverBow’s execution showing great progress on shift to liquids - March 5, 2020
SilverBow Resources is focused on a “pivot-to-liquids” strategy as the South Texas driller shifts emphasis away from its natural gas-heavy assets. Liquids production more than doubled YOY in 2019, with oil and NGLs accounting for 25% of its 234 MMcfe/d Q4 output compared to 16% of 4Q18’s 227 MMcfe/d total. Q4 oil volumes rose 103% YOY to 4,760 bo/d, and SilverBow anticipates that its oil production will reach 10,000 bo/d in 2020. Key to......
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