Riviera Resources, Inc. Provides Production Guidance for the Fourth Quarter and Full Year of 2019; Reports Production Results for the Third Quarter and Nine Months Ended September 30, 2019
For the year, the company expects net production to 238 - 243 MMcfe/d, Natural gas of 194 - 198 MMcf/d, Oil of 1,655 - 1,705 Bbls/d and NGL of 5,650 - 5,750 Bbls/d.
The company reported production results for the third quarter and nine months ended September 30, 2019. For the quarter, the company reported average daily production of 242 MMcfe/d compared to 302 MMcfe/d for the same period last year.
For the nine months, the company reported average daily production of 264 MMcfe/d compared to 338 MMcfe/d for the same period last year.