San Juan Basin Royalty Trust Announces Hilcorp's 2026 Capital Plan
San Juan Basin Royalty Trust (SJT)
US:NYSE Investor Relations:
sjbrt.com
Company Research
Source: PR Newswire
DALLAS, Feb. 19, 2026 /PRNewswire/ -- Argent Trust Company, as the trustee (the "Trustee") of the San Juan Basin Royalty Trust (the "Trust") (NYSE: SJT), announced that on Wednesday, February 18, 2026 the operator of the Trust's subject interests ("Subject Interests"), Hilcorp Energy Company ("Hilcorp") provided the Trust with its calendar year 2026 capital project plan for the Subject Interests (the "2026 Plan"). Under the 2026 Plan, Hilcorp estimates its 2026 capital expenditures for the Subject Interests to be approximately $14.0 million.Hilcorp informed the Trust that the 2026 Plan for the Subject Interests includes 32 projects. Approximately $11.5 million of the $14.0 million budget in the 2026 Plan will be allocated to nine new vertical drill projects to be completed in the Mesaverde, Mancos, and Dakota formations and six new horizontal drill projects in the Mancos formation. Approximately $2.0 million of the $14.0 million budget will be allocated to 17 projects for recompleti
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Sec Filings
- 2/20/26 - Form 8-K
- 2/17/26 - Form 8-K
- 1/28/26 - Form SCHEDULE
- SJT's page on the SEC website