Black Stone Minerals Signs 220,000-Acre Development Agreement with Caturus Energy
Black Stone Minerals, L.P. has signed a 220,000-acre development agreement with Caturus Energy, LLC in the Shelby Trough and Haynesville Expansion. The multi-year drilling program will start in 2026 with two wells, increasing to 12 annually by the end of six years. The agreement aims to enhance BSM's gas development and royalty income.
Black Stone Minerals, L.P. announced it has entered into a 220,000 gross acre development agreement with an affiliate of Caturus Energy, LLC within the Shelby Trough and Haynesville Expansion. The agreement establishes a multi-year drilling program, starting with approximately two gross wells in 2026 and increasing to about 12 gross wells annually by the end of the six-year term. The program includes minimum annual lateral-foot requirements and covers BSM’s approximately 40,000 undeveloped net acres in the contract area, with potential for additional acquisitions. BSM expects the agreement to contribute to its long-term gas development efforts and royalty income 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. Black Stone Minerals LP published the original content used to generate this news brief via Business Wire (Ref. ID: 20251202362235) on December 03, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
