Royale Energy, Inc. is an American enterprise primarily involved in the full lifecycle of oil and natural gas assets, encompassing their acquisition, exploration, development, extraction, and subsequent sale. The company's core operational regions include California's Sacramento and San Joaquin Basins, alongside active sites in Utah, Texas, Oklahoma, Louisiana, and Colorado. Established in 1986, Royale Energy maintains its corporate headquarters in El Cajon, California.
Royale Energy Reports Continued Permian Basin Development and Strong Well Performance
Royale Energy reported continued Permian Basin development on its Ector County, Texas acreage, with nine wells drilled, completed and producing and a tenth well currently being completed.
The ninth well began production in May 2026 at an initial rate of 1,031 barrels of oil per day and 1,915 thousand cubic feet of natural gas per day gross, with 77 barrels of oil per day and 144 thousand cubic feet per day attributable to Royale and its direct working-interest investors.
All nine producing wells are performing at or above the three-mile-lateral type curve of approximately 113 BOE per lateral foot with an estimated 80% oil component.
The company estimates 30 to 39 additional Barnett locations and more than 40 Woodford locations across roughly 12,940 gross undeveloped acres, plus a 100% working interest in about 7,465 net acres in the Jameson North Field, where a horizontal Odom well is planned for the first half of 2027.