Cost ManagementWith new infrastructure spending, TVE expects to save ~$0.25-$0.50/boe in carbon-related tax, along with other operational cost savings.
Operational PerformanceQ4 results highlighted another good operational quarter, with CFPS ahead of expectations and waterflood trajectory exceeding expectations.
ProductionTVE announced its 4Q volumes at 66.1 mboe/d, exceeding expectations by approximately 4%.