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These figures include Kimbell's major properties and do not include locations from Kimbell's minor properties, which generally include properties with less than a 0.1% net revenue interest and are time consuming to quantify, but in the estimation of Kimbell's management could add up to an additional 20% to Kimbell's net inventory in the aggregate

Kimbell Royalty Partners Announces Record Fourth Quarter and Full Year 2022 Results

Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and natural gas mineral and royalty interests in over 124,000 gross wells across 28 states, today announced financial and operating results for the quarter ended and year ended December 31, 2022

By AP News
Published - Feb 23, 2023, 07:34 AM ET
Last Updated - Apr 30, 2024, 11:50 PM EDT

Record Full-Year Oil, Natural Gas and Natural Gas Liquids Revenue and Net Income

Record Q4 22 Run-Rate Daily Production; Post-Hatch Acquisition Quarterly Production Exceeds 17,000 Boe/d (6:1) for First Time

Record Number of Net DUCs and Permits; Record Rig Count of 92 Active Rigs Drilling

Updated Detailed Portfolio Review Includes 10,763 Gross and 66.94 Net Major Upside Locations1 and Estimated 19 Years of Drilling Inventory2

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