Capital Markets | Capital Expenditure | Drilling Program - Wells | Drilling Program-Rig Count | Capital Expenditure - 2022
Earthstone Energy Talks 2022 Capex, Well Plans; Focus on the Permian
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Earthstone Energy has detailed its 2022 capital plan.
2022 Plan- Capex: $410-440 million - up 215% vs. 2021
- D&C Capex by Play
Delaware: $100 million Midland: $300 million- Rigs Running: 4
Delaware Basin: 2 Midland Basin: 2- Well Plans: Drill 80 gross / 61.7 net wells :: TIL 77 gross / 52.5 net wells
Operated: Drill 60 gross / 47.6 net wells :: TIL 58 gross / 48.3 net wells Non-Operated: Drill 20 gross / 4.1 net wells :: TIL 19 gross / 4.2 net wells Delaware Basin: Drill 20 gross / 11.8 net wells :: TIL 18 gross / 11.6 net wells Midland Basin: Drill 40 gross / 35.8 net wells :: TIL 40 gross / 36.7 net wells- Production: 64,250-67,750 BOEPD (41% oil / 67% liquids)
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