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Prairie Operating Co. Announces 11-Well Development at Rusch Pad
Newsfilterยท 2025-04-02 11:00
Core Viewpoint - Prairie Operating Co. has launched an 11-well development program at the Rusch Pad in Weld County, Colorado, as part of its strategy to expand production and enhance operational efficiencies in the DJ Basin [1][3]. Development Program - The Rusch Pad development will consist of eleven two-mile lateral wells, alternating between the Niobrara A, B, and C Chalks and the Codell Sandstone, with drilling expected to be completed by early June and initial production anticipated in early August [2][3]. - Hydraulic fracturing will commence shortly after drilling completion, and to minimize environmental impact, the company will utilize Precision's E-rig 461, which is powered by natural gas generators with battery backup [2]. Strategic Importance - The Rusch Pad development is a significant step in Prairie's growth strategy following the acquisition of Bayswater assets, which has expanded the company's position in the DJ Basin [3]. - The company is focused on integrating these new assets, capturing operational efficiencies, and executing its development program to drive production growth and cash flow generation [3]. Company Overview - Prairie Operating Co. is an independent energy company based in Houston, engaged in the development and acquisition of oil and natural gas resources in the United States, primarily in the DJ Basin [4]. - The company focuses on the Niobrara and Codell formations and is committed to responsible resource development while maximizing returns through consistent growth and capital discipline [4].