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Exit 2025 with approximately 15 rigs

Deadline passed; outcome being checked

Announced
29 Apr 2025
Due
31 Dec 2025
Status
Checking
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“exiting 2025 with approximately 15 rigs”

What we found

The deadline has passed. We check for public evidence starting 30 days after the deadline, and repeat the check if nothing clear turns up.

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 29 Apr 2025

    Deadline 31 Dec 2025 (“exiting 2025”) · target 15 rigs

  2. Version 2 · stated 29 Jul 2025

    Deadline 31 Dec 2025 (“by exiting 2025”) · target 12 rigs · wording aspirational

    “The Company intends to build incremental productive capacity for an additional $275 million by exiting 2025 with approximately 12 rigs.”

    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
Exit
Deliverable
15 rigs
Target
15 rigs
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. OutcomeNot yet assessed. Nothing is judged before the deadline.

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Report an error in this entry Reference: KI-C-2025-EXE-009242 · Corrections policy

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