
Prairie Operating Co. has begun an 11-well development program in Weld County, Colorado, following the closing of its $603 million deal for Bayswater Exploration and Production assets. (Source: Shutterstock, Prairie Operating Co.)
Prairie Operating Co. has begun an 11-well development program at the Rusch Pad in Weld County, Colorado, expanding its presence in the Denver-Julesburg Basin. The first well was spud on April 1.
Prairie plans to drill 11 two-mile lateral wells, alternating among the Niobrara A, B and C chalks and the Codell Sandstone. Drilling is expected to be completed by early June, with hydraulic fracturing commencing shortly after. Initial production is anticipated in early August.
Prairie will use Precision Drilling's E-rig 461, powered by natural gas generators with battery backup, for the work.
"The Rusch Pad development is an important step in Prairie's ongoing growth strategy following the closing of the Bayswater acquisition," Prairie CEO Edward Kovalik said.
In late March, Prairie closed the $602.75 million acquisition of Bayswater Exploration and Production’s assets in the D-J Basin, where its operations are concentrated.
Recommended Reading
E&P Highlights: March 10, 2025
2025-03-10 - Here’s a roundup of the latest E&P headlines, from a new discovery by Equinor to several new technology announcements.
E&P Highlights: March 24, 2025
2025-03-24 - Here’s a roundup of the latest E&P headlines, from an oil find in western Hungary to new gas exploration licenses offshore Israel.
SLB: OneSubsea to Provide Equipment for Vår Energi Offshore Norway
2025-02-04 - The OneSubsea joint venture among SLB, Aker Solutions and Subsea7 will support multiple oil and gas projects on the Norwegian Continental Shelf for Vår Energi.
DNO ‘Hot Streak’ Continues with North Sea Discovery
2025-03-26 - DNO ASA has made 10 discoveries since 2021 in the Troll-Gjøa exploration and development area.
E&P Highlights: Feb. 24, 2025
2025-02-24 - Here’s a roundup of the latest E&P headlines, from a sale of assets in the Gulf of Mexico to new production in the Bohai Sea.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.