BSM 最新10-Q变化

相对上期新增的文字 · 来源:10-Q · 2026-08-04

• At the end of the second quarter, Adamas Energy (formerly Aethon Energy, "Adamas") was operating two rigs on our Angelina and San Augustine acreage in the Shelby Trough. Adamas successfully turned to sales 4 gross (0.4 net) wells in July 2026. Adamas’s development program remains on track with the d…

• laterals while keeping overall development levels unchanged. In May 2026, we entered into an amendment to the JEA that reduced the Program Year 1 drilling commitments to 4 wells following the well control incident in April 2026 affecting one of the two wells spud in the first quarter of 2026. The am…

• In the Permian Basin, Blue Arrow Operating is in progress on a development of 25 gross (1.9 net) wells in the southern Delaware Basin. Three wells were turned to sales during the quarter with the remaining expected to come online in the second half of 2026 and first half of 2027.

• Three Months Ended June 30, 2026 Compared to Three Months Ended June 30, 2025

• Total revenue for the quarter ended June 30, 2026 decreased compared to the quarter ended June 30, 2025. The decrease in total revenue in the second quarter of 2026 is primarily due to lower gains on our commodity derivative instruments and lower natural gas and NGL sales partially offset by increas…

相对上期删除的文字 · 来源:10-Q · 2026-05-05

• During the first quarter, Adamas Energy (formerly Aethon Energy, "Adamas") was operating three rigs on our Angelina and San Augustine acreage in the Shelby Trough. Adamas’s development program remains on track, with 4 wells spud in the first quarter of 2026 as part of the current program year ending…

• completed gross lateral-foot targets at one well per 7,000 lateral feet, allowing longer laterals while keeping overall development levels unchanged. Revenant spud two wells in the first quarter of 2026, one of which experienced a loss of well control incident in April 2026. We are currently assessi…

• In the Permian Basin, Coterra Energy continues to develop our acreage in Culberson County, Texas. During the first quarter, 17 gross wells (0.6 net) were turned to sales. A separate development by another Permian operator of 25 gross (1.9 net) wells in the southern Delaware Basin is expected to come…

• Unrealized (gain) loss on commodity derivative instruments52,306 52,390

• Three Months Ended March 31, 2026 Compared to Three Months Ended March 31, 2025

相对上期新增的文字 · 来源:10-Q · 2026-08-04

• Commodity prices have been historically volatile based upon the dynamics of supply and demand. To estimate the effect lower prices would have on our reserves, we applied a 10% discount to the SEC commodity pricing for the three months ended June 30, 2026. Applying this discount results in an approxi…

• Our derivative contracts expose us to credit risk in the event of nonperformance by counterparties. While we do not require our counterparties to our derivative contracts to post collateral, we do evaluate the credit standing of such counterparties as we deem appropriate. This evaluation includes re…

相对上期删除的文字 · 来源:10-Q · 2026-05-05

• contracts. These hypothetical changes in fair value could result in a gain or loss depending on whether commodity prices increase or decrease.

• Commodity prices have been historically volatile based upon the dynamics of supply and demand. To estimate the effect lower prices would have on our reserves, we applied a 10% discount to the SEC commodity pricing for the three months ended March 31, 2026. Applying this discount results in an approx…

• Our derivative contracts expose us to credit risk in the event of nonperformance by counterparties. While we do not require our counterparties to our derivative contracts to post collateral, we do evaluate the credit standing of such counterparties as we deem appropriate. This evaluation includes re…