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Peyto Targets 70–80 Net Wells in 2026 on a $450–$500MM Capital Program
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eyto’s preliminary 2026 development program is set at $450–$500 million, matching its 2025 capital budget of $450–$500 million. The 2026 plan is designed to be flexible, with the company expecting to start the year with five drilling rigs, versus four rigs in its 2025 program
On activity, Peyto’s 2026 program is expected to drill 70–80 net horizontal wells across its core areas, consistent with the 70–80 net horizontal wells outlined for 2025. For infrastructure, 2026 facility spending includes a major pipeline looping project in the Sundance area alongside optimization and debottlenecking initiatives, while the 2025 plan allocated remaining capital to optimization and maintenance projects across Peyto’s 15 operating gas plants and gathering system infrastructure.
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