Drilling Projects

Hilcorp Energy Company has proposed a $14 million capital investment plan for the San Juan Basin Royalty Trust in 2026. The plan focuses on 32 projects, including $11.5 million for nine new vertical and six horizontal drilling projects. Approximately $2 million is allocated for recompletions and workovers, with $0.5 million for facilities. This represents an increase from the $8.3 million spent in 2025, signaling an intensified investment strategy for enhanced production and asset optimization within the San Juan Basin.