Workflow
Genesis Energy (GEL) Q3 2025 Earnings Transcript

Then at the end of September, the operator Salamanca announced it commenced production from the first of three pre-drilled wells with plans to relatively quickly ramp production to a total level of some 40,000 barrels a day, with expectations to drill another well and further increase production to the original design capacity of 50 KBD in the first half of next year. The financial results reported today only reflect the minimum volume commitments from Shenandoah, in essence, zero contribution from Salamanc ...