Sunday, September 1, 2024
Prairie Operating Co. drilling program finds over 285 MMboe in possible reserves in Colorado assets- oil and gas 360

Prairie Operating Co. drilling program finds over 285 MMboe in possible reserves in Colorado assets

World Oil (WO) – Prairie Operating Co. announced the results of a comprehensive independent third-party evaluation of its non-producing position in Weld County, Colorado.   The reserve report reflects the quality and scale of the company’s 37,000 gross acre position, establishing a possibles reserves basis of approximately 285.3 MMboe with a PV10 value of roughly $2.4 billion. The reserves are

House Democrats seek reform of federal lands drilling program- oil and gas 360

House Democrats seek reform of federal lands drilling program

Reuters WASHINGTON – U.S. Democratic lawmakers in Congress on Tuesday introduced a set of bills to reform federal oil and gas leasing regulations, including by raising royalty rates and toughening cleanup requirements. The bills would update decades-old laws governing oil and gas drilling to boost the program’s value for taxpayers. While the proposals would not deliver on President Joe Biden’s

Strategic Oil & Gas Ltd: New Drilling Program on the Heels of Test Wells

Strategic Oil & Gas Ltd. (ticker: SOG) announced its summer drilling program for the third quarter of 2017. The company plans to drill and complete approximately four new horizontal wells in its Marlowe asset, located in northwestern Alberta. This news comes on the heels of Strategic’s completion of five Muskeg horizontal test wells in Q1, 2017. Three of the five

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