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Elk Range Royalties closes $905 million acquisition of DJ Basin assets

Oil & Gas 360º

The newly acquired assets are actively being developed by leading operators, including Chevron and Civitas, who collectively account for more than half the wells spud in 2024. billion in capital since its launch in 2020. The high-quality operator footprint enhances production visibility and long-term value creation.

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SM Energy Slows the Drill Bit in 2025: What the Data Tells Us About Permian Rig Reductions

Oil Gas Leads

SM Energys Drilling Trends: January 2023 to May 2025 Using public drilling data for SM Energy wells in Texas, we grouped spud activity by month from January 2023 onward. SM Energy has parked two of its most active rigs : Rig Contractor Total Wells Avg Days Between Spuds Last Activity Rig 43 Latshaw 23 wells 16.5 wells by months end.

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Elk Range Royalties follows Permian acquisition with 250,000 net acres from Oxy

Permian Basin Oil and Gas Magazine

These include assets being developed by Chevron and Civitas Resources, who collectively account for more than half of the wells spudded in 2024. billion in capital since its launch in 2020, including assets in Permian Basin and Eagle Ford in Texas. Elk has deployed more than $1.2

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Louisiana Second Circuit Provides Guidance as to Good Faith Required When Conducting Operations Necessary to Interrupt Prescription of Mineral Servitude

The Energy Law

A well was spud on March 28, 2006. While the long-term fallout from the recent decline in oil prices and the COVID-19 pandemic remains unclear, it is clear that drilling activity has already started to decline. Cannisnia Plantation, LLC v. The well was a dry hole, however, and was therefore plugged and abandoned on April 21, 2006.