Vitesse Energy VTS Payments to Explore and Develop Oil and Gas Properties
Payments to Explore and Develop Oil and Gas Properties at other companies
Other financials
Where this comes from
Reported directly by Vitesse Energy in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToExploreAndDevelopOilAndGasProperties.
The official record: Vitesse Energy’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Vitesse Energy's payments to explore and develop oil and gas properties?
- Vitesse Energy (VTS) reported payments to explore and develop oil and gas properties of $18.99M in Q1 2026.
- How has Vitesse Energy's payments to explore and develop oil and gas properties changed year-over-year?
- Vitesse Energy's payments to explore and develop oil and gas properties decreased by 34.2% year-over-year, from $28.85M to $18.99M.
- What is the long-term trend for Vitesse Energy's payments to explore and develop oil and gas properties?
- Over 3 years (2022 to 2025), Vitesse Energy's payments to explore and develop oil and gas properties has grown at a 29.3% compound annual growth rate (CAGR), from $56.02M to $121.04M.
- What does payments to explore and develop oil and gas properties mean?
- This captures the cash expenditures associated with drilling, completing, and equipping oil and gas wells to bring them into production. It represents the primary organic investment required to maintain or grow production volumes from existing leasehold interests. High levels of these payments indicate an active development program aimed at maximizing the value of the company's current asset portfolio.