Drill 50 to 60 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
- 21 Feb 2023
- Due
- 31 Mar 2023
- Delivered
- Q1 2023
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The company expects to drill 50 - 60 wells and place 45 - 55 wells on production in the first quarter of 2023.”
What we found
Evidence strength A What the grades mean
The company reported in its first quarter 2023 results that it utilized an average of 14 rigs to drill 60 wells, meeting the upper end of its stated commitment.
-
A Expand Energy 8-K filed 2023-05-02
“First quarter net production was approximately 4,069 mmcfe per day (90% natural gas and 10% total liquids), utilizing an average of 14 rigs to drill 60 wells and placed 53 wells on production.” ✓ 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.
- Deadline drift +641 days
- Scope drift +130.0%
- 3 versions
-
Version 1 · original · stated 21 Feb 2023
Deadline 31 Mar 2023 (“in the first quarter of 2023”) · target 50 wells · wording expected
-
Version 2 · stated 2 May 2023
Deadline 30 Jun 2023 (“in the second quarter of 2023”) · target 35 wells · wording expected
“The company expects to drill 35 to 45 wells... in the second quarter of 2023”
-
Version 3 · stated 20 Feb 2024
Deadline 31 Dec 2024 (“in 2024”) · target 115 wells · wording expected
“The company expects to drill 95 to 115 wells and place 30 to 40 wells on production in 2024.”
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
- drilled 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-2023-EXE-009208 · Corrections policy