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Prairie Operating Co.PROP

4.21 0.08 (1.94%)

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Key Statistics

Open Today
4.13
High Today
4.28
Low Today
3.85
Close Today
4.21
Volume Today
310,400
52 Week High
16.08
52 Week Low
3.35
Avg Volume
515,332
20D Avg Vol
847,625

About

Prairie Operating Co. is an E&P developing a position in Weld County, Colorado, in the Denver-Julesburg (D-J) Basin. Prairie Operating was formed in May 2023 between the merger of Creek Road Miners Inc., a publicly traded company using stranded gas assets to power cryptocurrency mining operations, and Prairie Operating Co. LLC, a vehicle to acquire and develop oil and gas assets.

News

Prairie Operating Hedged D-J Production Ahead of Market Downturn

Approximately 85% of Prairie’s remaining 2025 daily production is locked in at $68.27/bbl WTI and $4.28/MMBtu Henry Hub as part of a strategic hedging program, the company said.

Inside Prairie’s 11-Well Program in the D-J

Prairie Operating Co.’s 11-well program in the Denver-Julesburg Basin is drilling horizontal 2-milers with a Precision Drilling rig.

Prairie Operating Plans 11-Well Development at Rusch Pad in Colorado

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.

Prairie Operating Closes $600MM D-J Acquisition from Bayswater

Prairie Operating Co. has closed on its $602.75 million acquisition of Denver-Julesburg Basin assets from Bayswater Exploration and Production.

In Colorado, the Regulatory Noose Tightens for E&Ps

More stringent rules on everything from drilling and orphan wells to emissions is raising the cost of fossil fuel production in the state.

Prairie Operating to Buy Bayswater D-J Basin Assets for $600MM

Prairie Operating Co. will purchase about 24,000 net acres from Bayswater Exploration & Production, which will still retain assets in Colorado and continue development of its northern Midland Basin assets.

Pioneer Energy’s Tech Offers More Pad Throughput, Fewer Emissions

Pioneer Energy’s Emission Control Treater technology reduces emissions and can boost a well’s crude yield by 5% to10%, executives say.

DOE Awards Pioneer Energy $27MM for Emissions Reduction Projects

Pioneer Energy said it will allocate most of the funds toward advancing its Emission Control Treater, a near zero emissions well pad production technology, as it implements projects in the Eagle Ford, Cotton Valley and Colorado.

Prairie Operating Gets Output, Acreage Boost from Nickel Road M&A

Prairie Operating closed an acquisition of acreage and production in Weld County, Colorado, where the D-J Basin player is drilling its first Niobrara horizontals.

Prairie Operating Acquires More D-J Basin Assets for $94.5MM

Houston-based Prairie Operating Co. is scaling its D-J Basin footprint with a $94.5 million acquisition of Nickel Road Operating LLC.