---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-038330"
form_type: "8-K"
ticker: "SJT"
cik: "0000319655"
company_name: "SAN JUAN BASIN ROYALTY TRUST"
filed_at: "2024-02-16T23:59:59+00:00"
generated_at: "2026-06-06T00:28:51.582484+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# San Juan Basin Trust: $0.030258/unit distribution; Hilcorp plans $36M 2024 capex

## Summary
- Monthly cash distribution of $1,410,308.78 ($0.030258/unit) payable March 14, 2024 to holders of record Feb 29, 2024.
- Net profits from Subject Interests for Dec 2023: $1.67M net royalty to Trust on $5.87M revenue.
- Gas production 1,909,007 Mcf; avg price $2.99/Mcf vs $2.96/Mcf in Nov 2023.
- Hilcorp's 2024 capital plan: $36M budget for 39 projects, including 3 new wells and 36 recompletions/workovers.
- 2023 actual capex was ~$2.2M; large planned increase for 2024.

## SEC filing metadata
- accession: 0001193125-24-038330
- form_type: 8-K
- ticker: SJT
- cik: 0000319655
- company_name: SAN JUAN BASIN ROYALTY TRUST
- filed_at: 2024-02-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/319655/000119312524038330/0001193125-24-038330-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/319655/000119312524038330/d777891d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-038330
- JSON: https://secwatch.observer/filing/0001193125-24-038330.json
- Plain text: https://secwatch.observer/filing/0001193125-24-038330.txt

## Key facts
- Earnings Releases
  SAN JUAN BASIN ROYALTY TRUST reported the month of December 2023 results: revenue $5,870,154 of total revenue.
  - Period: the month of December 2023
  - Revenue: $5,870,154 of total revenue
  - Result: preliminary results
  source text: Hilcorp reported $5,870,154 of total revenue from the Subject Interests for the production month of December 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/319655/000119312524038330/0001193125-24-038330-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.