Chesapeake Energy total expected capital expenditures of $1.765 – $1.835 billion and produced approximately 4.05 bcfe/d net (90% natural gas)
Chesapeake Energy 2023 Outlook


Chesapeake Energy total expected capital expenditures of $1.765 – $1.835 billion and produced approximately 4.05 bcfe/d net (90% natural gas)

APA Corporation Reiterating upstream 2023 capital budget of $2.0 to $2.1 billion and production forecast of 396,000 BOE per day

Coterra’s Expected capital investment of $2.0 billion to $2.2 billion and Expect annual average production of 610 – 650 MBoe/d, in line with 2022.

Matador Resources 2023 Outlook Drilling, completing and equipping capital expenditures of $1.18 to 1.32 billion and Oil production guidance of 26.4 to 27.3 million barrels

Callon expects to invest approximately $1 billion in 2023, production expected to average 104 – 107 thousand barrels per day of oil equivalent (MBoe/d)

Ovintiv 2023 capital investment of approximately $2.25 billion at the midpoint, the Company expects to deliver total production volumes of 500 to 525 MBOE/d.

Canada Rig Count Report March 1, 2023 we are tracking 88 Oil & Gas Operators and 248 drilling rigs that spud wells last 30 days in Alberta, BC and Saskatchewan.

Marathon Oil announced a $1.9 to $2.0 billion capital expenditure budget for 2023, Marathon Oil expects to deliver maintenance-level total Company oil production of 190,000 net bopd

For the full-year 2023, Devon expects to sustain production in the range of 643,000 to 663,000 Boe per day. Total capital investment for the year is expected to range from $3.6 billion to $3.8 billion.

Rig count in the Mid Con last 30 days, report date Feb 28 2023. We are tracking 214 Oil & Gas Operators and 601 drilling rigs that drilled wells in 126 counties located in the Mid-continent.
