Northern Oil and Gas (NOG) expects Q3 booked capital spending of $250 million to $253 million, excluding non-budgeted acquisitions and other, it said late Monday.
Around 85% of capital was deployed to the Permian, Williston, and Uinta basins, the company said.
The company said it expects capital expenditures to trend lower in Q4, absent significant non-budgeted activity. Also, the company reiterated its 2026 capital expenditures forecast and based on current pace, sees capital spending at the top end of the range.
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