EON Resources begins flowback at first two San Andres horizontal wells
EONR•EON Resources said flowback has begun at its first two San Andres horizontal wells in the Permian Basin, in which it holds a 35% working interest. First-oil timing and production performance cannot yet be reliably predicted.
1. Flowback begins
EON Resources reported that its first two San Andres horizontal wells in the Permian Basin have begun flowback. The company holds a 35% working interest in the wells, and permanent production facilities are installed and operational.
2. Production and revenue
The company said first-oil timing and subsequent production performance cannot yet be reliably predicted, and production from the horizontal development program is unhedged. Operating revenue before derivative adjustments rose 19% to $4.22 million in first-quarter 2026 from $3.54 million in fourth-quarter 2025.
