Vitesse Energy Raises Low End of 2026 Output
The oil and gas producer lifted its production guidance floor and increased planned drilling spending after closing a Colorado asset acquisition.
Updated on Nov. 4, 2026 in Oil and Gas
Vitesse Energy raised the low end of its 2026 production guidance to 16,600 barrels of oil equivalent per day (boe/d), while keeping the upper end at 17,200 boe/d. The company also increased its 2026 drilling and completion cash spending forecast to $80 million-$90 million.
Why it matters
The guidance increase reflects the acquisition of Denver-Julesburg Basin assets in Weld County, which added production in the company's third quarter. For Colorado, it signals continued activity in the Denver-Julesburg Basin as operators expand drilling there.
Vitesse averaged 16,824 boe/d in the third quarter, with oil making up 60% of output, and one month of the acquired Denver-Julesburg Basin assets included. The company expects oil to represent 60%-62% of annual 2026 production, with the acquired assets projected at about 900 boe/d.
The players
Vitesse Energy
Vitesse Energy is an independent oil and gas producer whose 2026 guidance and Denver-Julesburg Basin acquisition are the focus of this update.
Chevron
Chevron is a multinational energy company that operates the Denver-Julesburg Basin assets acquired by Vitesse Energy.
The details
Vitesse Energy closed its acquisition of Denver-Julesburg Basin assets on September 15, with the assets carrying a June 1, 2026 effective date. The properties are primarily located in Weld County, Colorado, and are operated by Chevron.
Timeline
June 1, 2026: Effective date of the acquired Denver-Julesburg Basin assets.
September 15: Vitesse closed the Denver-Julesburg Basin acquisition.
Third quarter: Production averaged 16,824 boe/d, including one month of acquired assets.
Year-end 2026: Planned drilling activity is scheduled through year-end.
Market Landscape
The acquisition adds Weld County production to Vitesse's portfolio and raises its drilling budget, signaling continued operator interest in the Denver-Julesburg Basin. The move positions Vitesse to grow output through acquisitions combined with year-end drilling programs.
For Colorado landowners and energy watchers, the expansion signals continued drilling activity in Weld County through year-end 2026. The acquired production and planned completions may influence local energy employment and investment in the region.
The takeaway
Producers expanding through acquisitions are increasingly pairing purchased output with near-term drilling, so guidance changes often reflect both. Watching quarterly production and spending updates shows whether acquired assets deliver as projected.
Further reading
For more on the sector, explore Oil and Gas coverage across Colorado.
Source note: This article includes information reported by TokenPost.
