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Prospera Energy Inc. Announces Service Rig Update, Closing of Acquisition, Warrant Amendments, Stock Option Grant, and Shares-for-Debt Settlement

BOE Report

PEI, OTC: GXRFF) (“Prospera“, PEI or the “Corporation“) Service Rig Update Prospera Energy completed a total of thirty-two workovers and reactivations in Q1 2025 before releasing service rigs for spring break-up on March 20th. CALGARY, Alberta, March 25, 2025 (GLOBE NEWSWIRE) — Prospera Energy Inc.

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Oil Review Middle East - Untitled Article

Oil Review Middle East

Dubai-based Viking Completion Technology is expanding its operations in Saudi Arabia following successful results from trial projects The provider of well completion equipment and services deployed its well completion design, manufacturing, and service expertise for five projects across the Kingdom between September 2023 and November 2024.

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DNO reports "Stellar Production" in Iraqi Kurdistan

Iraq Business News: Oil & Gas

Notwithstanding, output was increased by bringing three previously drilled wells onstream and by workovers and interventions on more than 20 other wells across the license. 20+ well workovers and interventions. Operational Overview Well testing program completed in Q4. Ownership & Strategy DNO: 75% operator interest.

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Subsea Plugging & Abandonment: Light Well Intervention Vessel Overview

Drillers

Category B: Vessel can perform workover (pulling and running tubing) and riser operations with coiled tubing (CT) ability. Category D: Production Drilling, with focus on completion and intervention needs. C are conventional rigs with low-pressure risers traditionally used for drilling and completing wells. MODUs or cat.

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Production in Paying Quantities: Maintaining Mineral Leases Beyond Their Primary Terms with Production of Oil or Gas

The Energy Law

“Operating expenses”—or “lifting expenses” as they are sometimes referred—are “ordinary, recurring expenses” that are attributable to the expense of production, after the well is drilled and completed. [5] 5] They include fixed or periodic cash expenditures incurred in the daily operation of a well. [6]

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Permeability: Key Concepts and Applications Explained

PetroSync

Permeability is described as a material’s ability to enable fluids to pass through it. It is an essential feature for businesses that rely on efficient fluid transport. porous tests and formulas are useful for examining reservoirs in the oil and gas sector and determining the compatibility of building materials.

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Louisiana Second Circuit Finds Holder of Mortgage Encumbering a Mineral Lease Solidarily Liable with Mineral Lessees for Damages Under the Louisiana Mineral Code

The Energy Law

The mortgagee directed the mineral lessees to perform specific workovers and completions on other properties collateralized in the mortgage. The mortgagee retained the right to approve the location and depth of the wells drilled under the Lease and other mineral leases subject to the mortgage.

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