Drill between 265 and 285 gross wells

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: 20 Feb 2024
Due: 31 Dec 2024
Checked: 17 Oct 2026

Deadline
Met
Late
Not met
Today

What the company said

“The Company expects to drill between 265 - 285 gross (244 - 263 net) wells... in 2024”

SourceDiamondback Energy Form 8-K press release, 2024-02-20
FilingSEC filing index
Deadline as statedin 2024
Deadline used31 Dec 2024, the last day of the stated period
TypeProject
Permanent referenceKI-C-2024-FANG-009327
Cite as https://keptindex.org/c/KI-C-2024-FANG-009327/ — this address never changes.

What we found

Evidence strength A What the grades mean

The company drilled 372 gross wells in 2024, which exceeded the upper bound of its commitment to drill between 265 and 285 gross wells.

A
Diamondback Energy 10-K filed 2025-02-26 Regulatory filing · published 26 Feb 2025 · retrieved 17 Oct 2026 · kept permanently by the SEC · fingerprint a221c362e724
“During the year ended December 31, 2024, we drilled 372 gross (351 net) and completed 410 gross (386 net) operated horizontal wells” ✓ confirmed on the page

Market reaction: the shares moved +4.6% against the S&P 500 over the three sessions around the disclosure (25 Feb 2025 to 28 Feb 2025). What this measures

Checked 17 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.

Scope drift +7.5%
2 versions

Version 1 · original · stated 20 Feb 2024

Deadline 31 Dec 2024 (“in 2024”) · target 265 wells · wording expected
Version 2 · stated 30 Apr 2024

Deadline 31 Dec 2024 (“2024”) · target 285 wells

“Gross horizontal wells drilled (net): 265 - 285 (244 - 263)”
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: Drill
Deliverable: gross wells
Target: 265 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: disagreesClaude (Anthropic) re-read the evidence blind and read it as “Met”.
Tie-breakA stronger model read the evidence and both earlier answers, without knowing which was recorded, and agrees with the second check.

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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