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Since 2020, Austin Chalk gas output has nearly tripled to 1.8 Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). Between 75% and 80% of Magnolias 2025 capital budget will be allocated to Giddings, reflecting its long-term confidence in the project. Whos Leading the Charge?
Since 2020, Austin Chalk gas output has nearly tripled to 1.8 Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). Between 75% and 80% of Magnolias 2025 capital budget will be allocated to Giddings, reflecting its long-term confidence in the project. Whos Leading the Charge?
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