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Drop one rig in the Haynesville asset

Not delivered by the deadline

AI-assessed · human review in progress Found and assessed by AI from the cited sources. Shown with its evidence; it is not counted in any Kept Score until confirmed.

Announced
21 Feb 2023
Due
31 Mar 2023
Checked
15 Oct 2026
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“The company expects to drop two rigs in the Haynesville during 2023, one in the first quarter”

What we found

Evidence strength A What the grades mean

The company did not report dropping a rig in the Haynesville during the first quarter of 2023; subsequent filings indicate rig count adjustments occurred later in the year.

  • A
    Expand Energy 8-K filed 2023-05-02 Regulatory filing · published 2 May 2023 · retrieved 15 Oct 2026 · kept permanently by the SEC · fingerprint 0fdf537816f4
    “Chesapeake is currently operating 13 rigs including five in the Marcellus, six in the Haynesville, and two in the Eagle Ford. As previously announced, the company plans to release both rigs in the Eagle Ford in the second quarter as well as releasing one rig from the Haynesville and the Marcellus in” ✓ confirmed on the page

Market reaction: the shares moved -3.9% against the S&P 500 over the three sessions around the disclosure (1 May 2023 to 4 May 2023). What this measures

Checked 15 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.

  • 1 versions
  1. Version 1 · original · stated 21 Feb 2023

    Deadline 31 Mar 2023 (“in the first quarter”) · wording expected

  2. Version 2 · stated 20 Feb 2024

    Deadline 31 Mar 2024 (“in March”) · wording firm

    “The company will drop a rig in the Haynesville and Marcellus in March and around mid-year, respectively”

    Source for this version

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
Drop
Deliverable
Haynesville rig reduction
Where
Haynesville
Language
Expected (“expects”, “plans”)
In the company’s control
High
Specificity
High

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
  4. Third check on a negative finding: disagreesBecause a negative finding could harm a company if wrong, a stronger model re-read the evidence fully blind and read it as “no_evidence”, so a person decides.

Not yet confirmed. Shown on the record, but it will not count in any score until it is confirmed. How verification works

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Report an error in this entry Reference: KI-C-2023-EXE-009206 · Corrections policy

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