---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-139462"
form_type: "8-K"
ticker: "SOC"
cik: "0001831481"
company_name: "Sable Offshore Corp."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:30:23.669104+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Sable Offshore Q1 net loss $180.1M; updates resource to 646 MMboe, PV-10 $10.0B; production restart Sep 2024

## Summary
- Net loss $180.1M for Q1 2024, primarily from settlement costs and business combination expenses.
- Total net estimated contingent resources increased 21% to 646 MMboe; PV-10 value $10.0B (SEC Apr 2024 pricing).
- Entered settlement for pipeline rights-of-way; court preliminary approval; fairness hearing Sep 13, 2024.
- Expect production restart at Santa Ynez Unit in Sep 2024; initial net rate ~28 MBOE/D.
- 4Q24 guidance: net avg production 23,000-28,000 BOE/D; lease operating expense $17-$19/BOE.

## SEC filing metadata
- accession: 0001193125-24-139462
- form_type: 8-K
- ticker: SOC
- cik: 0001831481
- company_name: Sable Offshore Corp.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831481/000119312524139462/0001193125-24-139462-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831481/000119312524139462/d793326d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-139462
- JSON: https://secwatch.observer/filing/0001193125-24-139462.json
- Plain text: https://secwatch.observer/filing/0001193125-24-139462.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.