Double Eagle IV has been a leading operator in Reagan County, with significant well development activity throughout 2023 and early 2024, particularly using rigs like Precision 550 and Latshaw 9. Although operations peaked in Q3 2023, there was a resurgence of activity in March 2024 with 28 new records, focusing on wells nearing completion. The company remains committed to regulatory compliance, especially with gas flaring, and continues to progress toward full operational capacity for many of its wells.

Double Eagle, an oil and gas developer, is considering the sale of its Permian Basin-based producer, reported Reuters, citing sources.