LandBridge (LB) announced it has executed a 10-year surface use and pore space reservation agreement with Devon Energy (DVN) to support Devon’s operations in the core of the New Mexico Delaware Basin. Under the agreement, LandBridge will provide Devon with 300K barrels per day of pore space capacity on its surface acreage. The reservation will commence in Q2 2027 and includes a minimum volume commitment for Devon to deliver at least 175K bpd of produced water.
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