Adamas Energy has entered Oilgasleads’ Top 10 operators by active rig count across Oklahoma, Louisiana, Texas and New Mexico, replacing Matador Resources following Mitsubishi’s approximately US$7.5 billion acquisition of Aethon’s gas assets. Its supplied YTD drilling dataset contains 46 well records
Adamas Energy is moving from post-acquisition transition into active development, with new well and air permits signaling expanding activity across its East Texas position. The overlap between drilling and facility permitting—particularly in the Haynesville—points toward the next phase of spending on production facilities, compression, gathering, pipelines, construction, and automation.
Adamas Energy LLC is not a small operator but a Mitsubishi-backed entity controlling a major Haynesville gas position, formed through the multi-billion-dollar acquisition of Aethon Energy’s assets. Early well permit data shows a measured ramp-up, with 7 of 13 wells already drilled and activity concentrated in core Haynesville counties, signaling a strategic transition toward larger-scale development.
