Oklahoma City’s Mach Natural Resources LP reported total revenue and net losses of $273 million and $36 million in the third quarter of 2025, respectively and decided to cut back on oil and gas exploration in the remaining quarter of 2025.
The company explained it “Reduced 2026 drilling and completion capital program by 18% while maintaining prior production guidance, reflecting continued capital discipline and strong capital efficiency.” The reduction totaled $63 million. But Mach stated it did so “while maintaining prior production expectations.”
The revision highlights strong well performance and continued efficiency gains, stated the company.…