(WO) – Black Stone Minerals, L.P. has signed a serious improvement settlement with Caturus Vitality overlaying 220,000 gross acres throughout the Shelby Trough and Haynesville Enlargement space—a transfer aimed toward accelerating long-term pure fuel improvement to satisfy rising Gulf Coast demand.
The multi-year plan establishes a structured drilling program operated by Caturus. Exercise begins in 2026 with two gross wells and is anticipated to ramp to roughly a dozen gross wells yearly by 12 months six. Drilling development can be guided by minimal yearly lateral-foot commitments, all internet to Black Stone’s mineral place.
Black Stone presently controls about 40,000 undeveloped internet acres throughout the contract footprint and sees room for additional acquisitions to develop its curiosity.
Chairman and CEO Thomas L. Carter Jr. stated the partnership aligns capital, technical experience, and a constructive gas-market outlook with Black Stone’s century-long technique of aggregating and managing high-interest mineral acreage in East Texas.
“With substantial mineral possession and management of the useful resource, we are able to meaningfully form improvement timing and companion with sturdy operators,” Carter stated. “Caturus brings front-line working functionality to speed up the extraction of BSM reserves.”
Caturus, backed by Kimmeridge and built-in with the Commonwealth LNG challenge in Louisiana, stated the settlement helps its broader technique of constructing a wellhead-to-water pure fuel platform.
“The addition of this Haynesville alternative advances our skill to ship responsibly sourced fuel to home and worldwide markets,” CEO David Lawler stated.
Together with this settlement, Black Stone now has over 200,000 internet acres coated by introduced improvement partnerships, representing an estimated 20 years of drilling stock within the Haynesville and Bossier performs.
