Northern Oil & Gas Raises 2025 Production and Capital Expenditure Guidance

Reuters
10/22
Northern Oil & Gas Raises 2025 Production and Capital Expenditure Guidance

Northern Oil & Gas Inc. has updated its full-year 2025 financial guidance, reflecting stronger-than-expected well performance and increased development activity across its assets. The company now anticipates total production in the range of 132,500 to 134,000 barrels of oil equivalent per day (Boepd), up from the previous guidance of 130,000 to 133,000 Boepd. Oil production guidance has also been raised to 75,000-76,500 barrels per day (Bopd), compared to the previous range of 74,000-76,000 Bopd. Capital expenditure guidance has been tightened to a range of $950 million to $1,025 million, from the prior range of $925 million to $1,050 million. The company attributes these improvements to robust well performance, increased ground game activity, and a growing backlog of growth opportunities, positioning NOG for significant production growth as it exits 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northern Oil & Gas Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251021821649) on October 21, 2025, and is solely responsible for the information contained therein.

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