Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Exclusives / Features | Oil & Gas Prices | Capital Expenditure - 2022

Dallas Fed Survey: E&P Spending to Jump; Focus on Production Growth, Debt Cuts

printPrint    |   
Dallas Fed Survey: E&P Spending to Jump; Focus on Production Growth, Debt Cuts

The Dallas Federal Reserve Bank released the latest version of its annual survey and below are the highlights of the findings.

*Data was collected Dec. 8–16; 131 oil and gas firms responded to the survey

Key Takeaways 75% of all firms interviewed expect to spend more in 2022 vs. 2021 (44% slightly, 31% significantly) Many firms will focus on growing or maintaining production levels Larger firms focused on reducing debt Capital Spending to Grow in 2022

The survey suggests that capital spending is set to grow YOY, which is in line with Shale Experts' initial analysis of the released budget data for 2022 (see further below).

44% expect capital spending to increase slightly 31% anticipate a significant increase 16% expect spending in 2022 to remain close to 2021 levels 8% expect r…
Finish this article — free account or subscription
  • ✓  Full news archive — U.S., Canada & international coverage
  • ✓  A&D transactions — asset deals, corporate M&A, assets for sale
  • ✓  Permits & completions data, plus 900,000+ slides & presentations
No credit card. Includes 15 days of full access to permits, deals, completions and presentations.
Already a subscriber? Log in


More Exclusives / Features News

Ark-La-Tex News


Gulf Coast News