Oil production in Colorado’s DJ Basin dates back to the 1970s, but activity has surged in recent years thanks to the involvement of major players like Chevron CVX and Civitas Resources CIVI.

Prairie Operating Co. PROP is building its growth strategy around disciplined cost control, a focus that’s quickly becoming one of its most important competitive advantages in the DJ Basin. The ...

We figured out pretty quickly after moving to the USA and Raleigh that July 4th is the biggest day of the year. It’s a day ...

Prairie Operating Co (NASDAQ: PROP) acquired assets from Edge Energy for $12.5M in cash, funded by credit facility. This non-dilutive transaction enhances its footprint in DJ Basin.

The deal expanded Prairie Operating Co.’s production footprint to 26,000 barrels of oil equivalent per day (BOE/d) and added 600 drilling locations across 24,000 net acres in Colorado’s DJ ...

Tamboran Resources’ latest shale gas well at its Shenandoah South asset in the Beetaloo basin onshore Australia’s Northern Territory has delivered a IP30 record flow rate in the basin of 7.2 ...

However, unbeknownst to investors, oil production in the DJ Basin peaked in the fourth quarter of 2024 and, during the same period, Civitas began reducing the pace in which it turned in new lines.

This is reported in a press release from Bayswater. The deal includes 300 production wells at 30 sites and 25,000 barrels of oil equivalent per day, as well as 9 new wells and a saltwater removal ...