---
title: "EON Resources advances 92-well New Mexico drilling plan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291720191.md"
description: "EON Resources has commenced the first phase of its 92-well drilling plan in New Mexico, securing regulatory approval for three horizontal wells in the San Andres formation. The company aims for steady output growth through 2030 via annual well additions in the Grayburg-Jackson field and targeted acquisitions. Additionally, EON is seeking a farmout partner to develop its South Justis field in Lea County, which covers over 5,300 leasehold acres."
datetime: "2026-07-05T10:13:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291720191.md)
  - [en](https://longbridge.com/en/news/291720191.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291720191.md)
generator: "portal-rs"
---

# EON Resources advances 92-well New Mexico drilling plan

Drilling program begins: EON Resources kicked off the first phase of its 92-well project with regulatory approval for three horizontal wells in the San Andres formation. Growth through 2030: The company plans steady output increases via annual well additions in the Grayburg-Jackson field and targeted acquisitions each year. Partnership opportunities: EON seeks a farmout partner to develop its South Justis field in Lea County, spanning over 5,300 leasehold acres.

### Related Stocks

- [EONR.US](https://longbridge.com/en/quote/EONR.US.md)
- [EONR+.US](https://longbridge.com/en/quote/EONR+.US.md)

## Related News & Research

- [EON Resources starts 92-well horizontal drilling program in Permian Basin Grayburg-Jackson Field](https://longbridge.com/en/news/297030933.md)
- [U.S. close to striking 'massive' deal for Venezuelan oil fields - Axios](https://longbridge.com/en/news/297240757.md)
- [Oil and gas producer Arrow Exploration Q2 revenue jumps on higher output](https://longbridge.com/en/news/297131787.md)
- [New Mexico Educational Retirement Board Grows Stake in Booking Holdings Inc. $BKNG](https://longbridge.com/en/news/297401220.md)
- [Recon wins RMB 9.6 million oilfield system integration contract in China](https://longbridge.com/en/news/296910923.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**