en.Wedoany.com Reported - Battalion Oil has signed a joint development agreement in the Monument Draw block in Ward County, Texas, planning to drill up to eight wells.

The initial phase of the project focuses on a four-well pad, expected to spud in late Q2 or early Q3 2026. Target intervals include the 3rd Bone Spring, Wolfcamp A, and Wolfcamp B formations, utilizing a carry arrangement, with Battalion retaining operatorship and a majority working interest.

This development shifts Battalion toward a cube-style co-development model covering major producing zones, targeting over 100 additional drilling locations in the Wolfcamp B and 3rd Bone Spring formations.

Two offset wells have demonstrated strong initial production results. One well achieved cumulative production of 389 Mboe over 267 production days; another well produced 123 Mboe from a partial completion interval of 2,637 feet over 82 production days, setting a company record for production per foot of completed interval.

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