Comstock Resources reports 9% increase in proved reserves to 6.7 Tcfe as of Dec 31, 2022

COMSTOCK RESOURCES INC

Proved reserves 6.7 Tcfe, up 9% from 6.1 Tcfe in 2021; PV-10 value $15.5B.
2022 production 501.1 Bcfe; Q4 production averaged 1,445 MMcf/d, up 7% YoY.
Drilling added 1.1 Tcfe, replacing 216% of 2022 production; finding cost ~$0.95/Mcfe.
Capital spending $1,032M on drilling, $18M on pipeline/plant, $54.1M on acreage.
Reserves are 98% operated, 38% developed, substantially all natural gas.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.