Riley Permian forecasts fourth-quarter capital expenditures of $74 million-$86 million
Bitget2026/11/05 16:08- Riley Permian forecasts fourth-quarter 2026 capital expenditures of $74 million-$86 million, with total investments of $76 million-$88 million.
- Oil production is projected at 25,500-26,500 barrels daily; total output is expected at 42,500-43,500 barrels of oil equivalent daily.
- Third-quarter oil production averaged 25,400 barrels daily, up 38% year over year; capital expenditures totaled $53 million.
- Plans for 2027 include six San Andres horizontal wells, with development activity scheduled to begin in the second quarter.
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