Royale Energy reports nine producing Permian Basin wells, tenth in completion
Reuters2026/09/09 13:11Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Royale Energy reported continued Permian Basin development in Ector County, Texas, with nine wells producing and a tenth under completion.
- Ninth well started production in May 2026 at 1,031 barrels of oil per day and 1,915 Mcf per day gross.
- Type curve for a three-mile lateral targets 113 BOE per lateral foot, about 80% oil; all nine wells track at-or-above.
- Tenth well is being fracked; flowback expected within about 30 days, extending the company’s production base.
- Outlook calls for 30 to 39 additional Barnett locations and more than 40 Woodford locations; more drilling expected in 2027.
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. Royale Energy Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609090910PRIMZONEFULLFEED9823757) on September 09, 2026, and is solely responsible for the information contained therein.
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