Oil & Gas 360º

MARCH 24, 2025

(World Oil) – Elk Range Royalties has announced a landmark acquisition of a significant mineral and royalty position spanning approximately 250,000 net royalty acres (NRA) in the DJ Basin from affiliates of Occidental Petroleum (Oxy). The high-quality operator footprint enhances production visibility and long-term value creation.

Royalty 130

Royalty Basin Spud-in Operator 130

Permian Basin Oil and Gas Magazine

MARCH 28, 2025

Collectively they own mineral and royalty interests across the Permian Basin in west Texas and Eagle Ford in south Texas. Key operators include ExxonMobil, Apache, Diamondback, Occidental, ConocoPhillips and Continental, who have spudded an average of 148 wells a year on the properties since 2021. Concord Oil and Mission Oil.

Royalty 59

Royalty Basin Royalty Interest Spud-in 59

Oil Gas Leads

APRIL 28, 2025

ExxonMobil has reached a major milestone: 1,000 horizontal wells drilled in the New Mexico portion of the Delaware Basin just seven years after the first spud in 2017. Longer Laterals : Successful four-mile laterals at Poker Lake , reducing surface land disturbance and operational footprint.

Basin 52

Basin Spud-in Operator Oil 52

Oil & Gas 360º

APRIL 2, 2025

The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Companys continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (DJ) Basin. Drilling is expected to be completed by early June, with hydraulic fracturing commencing shortly after.

Operator 130

Operator Hydraulic Fracturing Spud-in Natural Gas 130

Oil Gas Leads

MAY 28, 2025

In a strategic move aligned with shifting commodity price dynamics, SM Energy is proactively reducing its rig count in the Permian Basin through 2025. 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. August 16 6.3

Spud-in 52

Spud-in Basin Energy Energy 52

Permian Basin Oil and Gas Magazine

APRIL 1, 2025

Elk said the assets in DJ Basin include a mix of current production, near-term activity through DUC wells (drilled but uncompleted) and long-term growth through undeveloped locations. These include assets being developed by Chevron and Civitas Resources, who collectively account for more than half of the wells spudded in 2024.

Royalty 52

Royalty Royalty Interest Spud-in Basin 52

Oil & Gas 360º

APRIL 10, 2025

We remain on track to spud the well this quarter and are looking forward to unlocking the significant potential of the Damara Fold Belt.” (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) ( Frankfurt : 0XD) (NSX: REC) announces a drilling update on Prospect I.

Exploration Well 130

Exploration Well Petroleum Spud-in Exploration and Production 130