UL FY25 Activity by Basin
Activity Summary • 66 oil and gas development agreements were executed, adding 3MM lateral feet obligation (LFO) over the next nine years.
• 304 horizontal wells began production and ≈3.3 million lateral feet put-on-production
UL Dev elopment Percentages are based on metrics weighted for wells spud and wells put on-line. ≈39% in Delaware Basin
NORTHERN MIDLAND BASIN
Wells Spud Wells Put-On-Production Producing Lateral Ft Average Lateral Length
45 40 ≈432,713 ≈10,818
≈15% Northern Midland Basin ≈38% in Southern Midland Basin ≈8% Central Basin Platform
SOUTHERN MIDLAND BASIN
Wells Spud Wells Put-On-Production Producing Lateral Ft Average Lateral Length
116 128 ≈1,440,452 ≈11,253
DELAWARE BASIN
Wells Spud Wells Put-On-Production Producing Lateral Ft Average Lateral Length
120 126 ≈1,341,730 ≈10,784
CENTRAL BASIN PLATFORM
Wells Spud Wells Put-On-Production Producing Lateral Ft Average Lateral Length
25 13 ≈84,328 ≈7,026
30
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