Capital Markets | Capital Expenditure | Drilling Program - Wells | Drilling Program-Rig Count | Capital Expenditure - 2022
E&P to Boost Drilling, Production by 10% in 2022; 570 Net Well Completions
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EOG Resources detailed its 2022 capital program and guidance.
2022 Plan- Capex: $4.3 to $4.7 billion - up 15% vs. 2021
D&C: $2.838 to $3.102 billion (66%) Other (International & Domestic Drilling Potential): $602-658 million (14%) Midstream: $473-517 million (11%) Facilities: $301-329 million (7%) Environmental / ESG: $86-94 million (2%)- Rig Count: 23 rigs running
Delaware Basin: 17 rigs Eagle Ford: 3 rigs Powder River Basin: 1 rig Dorado Austin Chalk: 2 rigs- Frac Crews: 7-8
Delaware Basin: 5 frac crews Eagle Ford: 1 frac crew Powder River Basin: 1 frac crew Dorado Austin Chalk: 0-1 frac crew- Well Plans (net): Complete 570 net wells - up 10% vs. 2021
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