---
schema_version: "secwatch.filing_event.v1"
accession: "0001104485-23-000182"
form_type: "8-K"
ticker: "NOG"
cik: "0001104485"
company_name: "NORTHERN OIL & GAS, INC."
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T09:50:14.078498+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NOG Q3 preliminary: capex $215-218M; ground game adds 5.7 net locations; D&C record 74.2 wells

## Summary
- Q3 capital expenditures expected $215-218M, driven by Ground Game success and acceleration of organic development.
- Ground Game: 8 transactions in Q3 adding 5.7 net drilling locations and 514 net acres; YTD 31 deals.
- Gross consents up 35% sequentially; net wells turned in-line 22.6 vs 13.8 in Q2 (up 64%).
- DD&A rate expected $14.20-$14.25/Boe, up from Q2 due to Novo acquisition.
- Mark-to-market loss on derivatives ~$205M; net settled gain ~$5M; added hedges for 2.4 MMBoe oil and 10.9 MMBtu gas.

## SEC filing metadata
- accession: 0001104485-23-000182
- form_type: 8-K
- ticker: NOG
- cik: 0001104485
- company_name: NORTHERN OIL & GAS, INC.
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1104485/000110448523000182/0001104485-23-000182-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1104485/000110448523000182/nog-20231025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104485-23-000182
- JSON: https://secwatch.observer/filing/0001104485-23-000182.json
- Plain text: https://secwatch.observer/filing/0001104485-23-000182.txt

## Key facts
- Earnings Releases
  NORTHERN OIL & GAS, INC. reported preliminary financial results for third quarter of 2023.
  - Period: third quarter of 2023
  - Result: preliminary results
  source text: On October 25, 2023, Northern Oil and Gas, Inc. issued a press release including preliminary financial and operating updates for the third quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1104485/000110448523000182/0001104485-23-000182-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.