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(Nasdaq: PROP) (the Company or Prairie) an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin today announced it is beginning completions of nine previously drilled but uncompleted (DUC) wells acquired in the recent Bayswater transaction.
The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its completely dysfunctional and irresponsible cousin, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals for responsible and safe shale drilling.
COG Operating LLC , was faced with the issue of who owns the water produced by a hydraulicfracturing operation: the oil and gas company operating the well or the surface owner and the company the surface owner leased its water rights to? As most of you know, the fracing process involves large amounts of water.
in Mechanical Engineering from the University of Alberta and has held previously roles at Sanjel Corporation, Zodiac Exploration, and Pinnacle Technologies, specializing in hydraulicfracturing in unconventional reservoirs. Ron holds a B.Sc. Ron is a runner, cyclist, hiker, skier, and occasional adventure racer.
The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Companys continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (DJ) Basin. Drilling is expected to be completed by early June, with hydraulicfracturing commencing shortly after.
In addition, the Company also provides initial results related to hydrocarbon production in the first quarter of 2025 (“Q1”)from its non-operated asset portfolio in theWilliston Basin,North DakotaandMontana,U.S.(the The internal technical evaluation of this well is now largely complete, prior to further review by a third party.
This acquisition combines large, premier acreage positions in the Utica, creating a third foundational play for EOG alongside our Delaware Basin and Eagle Ford assets, said Ezra Y. Yacob, Chairman and Chief Executive Officer of EOG.
billion acquisition of Pioneer Natural Resources, Woods emphasized how innovationnot just scaleis at the heart of ExxonMobils growth plans, especially in the Permian Basin. As the company moves forward with its $59.5 The Problem: Low Recovery Rates in Shale Fracking has revolutionized U.S. oil and gas production, but its far from perfect.
As a whole, the oil patch is a tight-knit community, especially in the Permian Basin, where almost everyone is in the business one way or another. A Lot of Help from My Friends At this point the big question revolves around how a completely solo welder becomes a significant entrepreneur and manages a rapidly growing business.
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