Tulsa-based Laredo Petroleum said Oct. 18 it expects 2022Q4 production to be 72,500 to 75,500 boed and oil production to be 32,000 to 34,000 b/d – down from third quarter production. Capital expenditures in 2022Q4 will be $135 million to $145 million – in line with 2022Q3. The Permian-focused operator said 2022Q3 production was 79,500 boed (within guidance of 78,500 to 81,500 boed) and 35,000 b/d of oil (below guidance of 35,500 to 37,500 b/d). Total capital expenditures in 2022Q3 were $140 million (above guidance of $120 million).