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The first well was spud on April 1, 2025, utilizing Precision E-DrillingRig 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.
The advent of intelligent drillingrigs, real-time monitoring, and predictive analytics has revolutionized production processes across the different facets of the industry. Amidst soaring global energy demands, the oil and gas industry is constantly reinventing itself, seeking more efficient, eco-friendly production methods.
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