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ZNX 0.080 +0.0% TSK 1.07 +1.9% SFR 0.370 +68.2% OMM 0.050 +0.0% EMO 0.340 −1.4% GGA 5.48 +3.4% MDM 0.060 +0.0% WGX 4.33 −2.3% FL 0.410 +0.0% SSRM 36.35 −0.0% CD 0.245 +6.5% GEN 0.065 −7.1% ALS 56.39 −1.9% LIFT 3.38 +7.3% NTR 94.10 −0.2% ICON 0.045 +0.0% ZNX 0.080 +0.0% TSK 1.07 +1.9% SFR 0.370 +68.2% OMM 0.050 +0.0% EMO 0.340 −1.4% GGA 5.48 +3.4% MDM 0.060 +0.0% WGX 4.33 −2.3% FL 0.410 +0.0% SSRM 36.35 −0.0% CD 0.245 +6.5% GEN 0.065 −7.1% ALS 56.39 −1.9% LIFT 3.38 +7.3% NTR 94.10 −0.2% ICON 0.045 +0.0%
Production / Operations

Parex Resources Announces Production Update

By The Northwire Desk — AI Analysis Jan 12, 2026 · 17:00 PXT · 18.29 PAREX RESOURCES INC.
PXT · Price

Executive Summary

  • Q4 2025 average production rose to 48,606 boe/d, an 11% increase versus Q3 2025.
  • New wells LLA‑32 and LLA‑74 drove strong November output; December reflected stabilized rates.
  • The Guapo‑1 exploration well at VIM‑1 reached target depth but was abandoned after non‑commercial results, with drilling costs of roughly $12 M (net).

Key Details

  • Q4 2025 Average Production: 48,606 boe/d (up 11% YoY Q3).
  • Block‑level production (boe/d) for Q4 2025:
  • LLA‑34 – 19,719
  • Southern Llanos – 22,470
  • Northern Llanos – 2,848
  • Magdalena Basin – 2,065
  • Natural Gas – 1,504
  • Monthly Production (boe/d):
  • October 2025 – 49,300
  • November 2025 – 50,100
  • December 2025 – 46,500
  • Product Type Breakdown (Q4 2025):
  • Light & Medium Crude Oil – 14,835 bbl/d
  • Heavy Crude Oil – 32,267 bbl/d
  • Conventional Natural Gas – 9,025 mcf/d
  • Well Activity: Two active rigs continue drilling in the Putumayo Basin; operations ongoing at LLA‑32 and Capachos.
  • Guapo‑1 Well (VIM‑1): Spudded Oct 2025, reached ~15,000 ft depth; logging indicated non‑commercial hydrocarbon presence; well abandoned. Estimated net drilling cost ≈ $12 M.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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