Drill and complete horizontal wells
Only part of the commitment was 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
- 22 Feb 2022
- Due
- 31 Dec 2022
- Delivered
- 240 of 270 wells
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The Company expects to drill between 270 and 290 gross (248 – 267 net) wells and complete between 260 and 280 gross (240 – 258 net) wells... in 2022”
What we found
Evidence strength A What the grades mean
The deadline has not passed yet, so there is nothing to check. We look for evidence starting 30 days after 31 Dec 2022.
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 +1096 days
- Scope drift +61.1%
- 2 versions
-
Version 1 · original · stated 22 Feb 2022
Deadline 31 Dec 2022 (“in 2022”) · target 270 wells · wording expected
-
Version 2 · stated 5 May 2025
Deadline 31 Dec 2025 (“full year 2025”) · target 435 wells · wording expected
“We now expect to drill between 385 and 435 gross wells and complete approximately 475 to 550 wells.”
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
- 270-290 gross wells drilled and 260-280 gross wells completed
- Target
- 270 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-FANG-009303 · Corrections policy