Diversified Energy Company (DEC): Oklahoma operated development program
This situation live
DEC Diversified Energy Company
5 Aug 2026 · Announced; capex begins second half 2026 · +12% since
the Company intends to expand its capital expenditure program to include an operated development program beginning in the second half of 2026, with the expectation of a material impact on production r
Oklahoma operated development program
Announced; capex begins second half 2026
Next: Operated capex starts; production impact expected 2027
Every step · 1
- 5 Aug 2026 Announced; capex begins second half 2026 – the Company intends to expand its capital expenditure program to include an operated development program beginning in the second half of 2026, with the... ↗
What is happening
Diversified Energy Company: Oklahoma operated development program – Announced; capex begins second half 2026. ['Announced; capex begins second half 2026']
- In short
- On 5 Aug 2026 with Q2 results, Diversified announced a one-rig operated development program in Oklahoma, drawing on acreage acquired mainly through PDP-focused deals including Camino. 2026 capex of $35-50M is guided, with a material production impact expected in 2027. It reduces reliance on acquisitions for growth.
- Announced
- 5 Aug 2026 · Announced; capex begins second half 2026
- Scale
- One rig; more than 450 economic locations at $65/Bbl oil and $3.25/MMBtu gas
- Runway
- Over 20 years of development at a one-rig pace
- 2026 capex
- Operated development $35 to $50M within total capex of $225 to $255M
- Timetable
- Spending from second half of 2026; material production impact expected 2027
- Team
- Led by Chief Operating Officer Rick Gideon and internal development team
What comes next
Operated capex starts; production impact expected 2027.
From the company's own announcements. Not investment advice.
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