LandBridge Secures 10-Year Pore Space Agreement with Devon Energy for New Mexico Delaware Basin

Reuters
Aug 06
LandBridge Secures 10-Year Pore Space Agreement with Devon Energy for New Mexico <a href="https://laohu8.com/S/VMM">Delaware</a> Basin

LandBridge Company LLC has announced a significant 10-year surface use and pore space reservation agreement with Devon Energy Corp. to enhance Devon's operations in the New Mexico Delaware Basin. The agreement provides Devon with 300,000 barrels per day of pore space capacity on LandBridge's East Stateline Ranch and Speed Ranch surface acreage, starting from the second quarter of 2027. Additionally, Devon is committed to delivering at least 175,000 barrels per day of produced water. This partnership underscores the value of underutilized pore space in the Delaware Basin and highlights LandBridge's role in supporting sustainable development in the region.

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. Landbridge Company LLC published the original content used to generate this news brief via Business Wire (Ref. ID: 20250804668764) on August 06, 2025, and is solely responsible for the information contained therein.

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