Capital Markets | Capital Expenditure | Drilling Program - Wells | Drilling Program-Rig Count | Capital Expenditure - 2022
Matador to Complete 80 Operated Wells in 2022; Six Rigs in Delaware Basin
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Matador Resources Co. detailed its 2022 capital plan and guidance.
2022 Plan- Capex: $690-770 million - up 32% vs. 2021
D&C: $640-710 million Midstream: $50-60 million- Rigs Running: 6 rigs running
Delaware Basin: 6 rigs- Well Plans: 182 (69.7 net) wells turned-in-line (TIL) - net wells up 49% vs. 2021
Operated Wells: 80 (60.8 net) wells TIL Non-Op Wells: 102 (8.9 net) wells TIL Delaware Basin: 169 (69 net) wells TIL - (80 (60.8 net) operated wells TIL :: 89 (8.2 net) non-op wells TIL) Haynesville: 13 (0.7 net) wells TIL - all non-operated- Production: 99.5-104.5 MBOEPD - up 19% vs. 2021
Oil Production: 57.5-60.3 MBOPD Natural Gas Production: 252-269 Mmcf/d 2022 DetailsThe full year 2022 guidance estimates presented in the table above are based upon the following…
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