San Juan Basin Royalty Trust said operator Hilcorp Energy plans about $14 million in 2026 capital spending on the trust’s subject interests across 32 projects. Most of the budget would fund new drilling—nine vertical wells in the Mesaverde, Mancos and Dakota formations and six horizontal wells in the Mancos—while the remainder would go to recompletions, workovers, and natural gas compression and other facilities work. Hilcorp noted the plan could change and actual costs may vary.
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. San Juan Basin Royalty Trust published the original content used to generate this news brief via PR Newswire (Ref. ID: 202602191917PR_NEWS_USPR_____DA92125) on February 20, 2026, and is solely responsible for the information contained therein.