Drill and place on production 40 to 50 wells
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 23 Feb 2022
- Due
- 31 Mar 2022
- Delivered
- Q1 2022
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“expects to drill 40 to 50 wells and place 40 to 50 wells on production in the first quarter of 2022”
What we found
Evidence strength A What the grades mean
The company reported in its Q1 2022 operations update that it utilized an average of 13 rigs to drill 41 wells and place 43 wells on production during the first quarter of 2022.
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A Expand Energy 8-K filed 2022-05-04
“Chesapeake’s net production rate in the first quarter of 2022 was approximately 620,000 boe per day... utilizing an average of 13 rigs to drill 41 wells and place 43 wells on production.” ✓ confirmed on the page
Market reaction: the shares moved +6.4% against the S&P 500 over the three sessions around the disclosure (3 May 2022 to 6 May 2022). What this measures
Checked 13 Oct 2026.
Commitment lineage
Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.
- Deadline drift +1006 days
- Scope drift +90.0%
- 6 versions
-
Version 1 · original · stated 23 Feb 2022
Deadline 31 Mar 2022 (“in the first quarter of 2022”) · target 50 wells · wording expected
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Version 2 · stated 2 Aug 2022
Deadline 30 Sep 2022 (“in the third quarter of 2022”) · target 60 wells · wording expected
“The company expects to drill 60 to 70 wells and place 40 to 50 wells on production in the third quarter of 2022.”
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Version 3 · stated 1 Nov 2022
Deadline 31 Dec 2022 (“in the fourth quarter of 2022”) · wording expected
“The company expects to drill 45 to 50 wells and place 60 to 65 wells on production in the fourth quarter of 2022.”
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Version 4 · stated 1 Aug 2023
Deadline 30 Sep 2023 (“in the third quarter of 2023”) · wording expected
“The company expects to drill 30 to 40 wells and place 40 to 50 wells on production in the third quarter of 2023.”
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Version 5 · stated 31 Oct 2023
Deadline 31 Dec 2023 (“in the fourth quarter of 2023”) · target 35 wells · wording expected
“The company expects to drill 35 — 45 wells and place 50 — 60 wells on production in the fourth quarter of 2023.”
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Version 6 · stated 30 Apr 2024
Deadline 31 Dec 2024 (“For the full-year”) · target 95 wells · wording expected
“For the full-year, the company expects to drill 95 — 115 wells and place 30 — 40 wells on production”
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Project other
- Indicative materiality
- Low rules
- Action
- Drill
- Deliverable
- 40 to 50 wells
- Target
- 50 wells
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2022-EXE-009185 · Corrections policy