Sable Offshore forecasts 2027 capital spending of $80 million-$100 million
- Sable Offshore forecasts 2027 gross average daily sales of 50,000–55,000 barrels of oil equivalent, with capital spending of $80 million–$100 million.
- Net average daily sales are projected at 42,500–47,500 barrels of oil equivalent, almost entirely oil.
- Lease operating expenses are forecast at $9–$12 per net barrel of oil equivalent; cash administrative costs at $3.50–$6.50.
- Platform Hondo's November 2026 restart is expected to add about 10,000 gross barrels of oil daily, with first sales in December.
- December oil sales could reach about 50,000 barrels daily, versus estimated November sales of 31,000 following expansion to four Los Angeles-area refineries.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sable Offshore Corp. published the original content used to generate this news brief on November 08, 2026, and is solely responsible for the information contained therein.