News
Corporate & Operations News
Oil Production Stabilizes at High Levels During Summer; Infrastructure Expansion Underway
Freer - RAW Energy reports that oil production has stabilized at high levels throughout the summer months, despite temporary constraints due to scheduled maintenance activities. The company continues to focus on production expansion and infrastructure investments...
RAW Energy Company Update
Freer Jul, 23 2024 – All wells are currently producing as expected. Recent short-term outages have been due to routine maintenance or necessary repairs. For instance, Well A 4 underwent scheduled maintenance this week. Hurricane Beryl did not cause any significant...
Significant Increase in Production in April
Freer Jun, 4 2024 – RAW Energy is pleased to report a notable increase in production revenues for April 2024, continuing the positive trend observed over the past few months. This increase is attributed to ongoing investments in infrastructure, which have enhanced...
Production Increase Through Investment Program Shows Positive Results, Further Growth Expected in 2024
Freer – RAW Energy's management is optimistic that the investments made in infrastructure and the reactivation of existing wells since 2023 will lead to a significant increase in production. According to plans for 2024, the fields operated by RAW are expected to yield...
New Potential in Cole Sands
Freer – RAW Energy continues to advance the development of its Texas drilling sites – now also focusing on the so-called Cole Sands. Three wells with potential in the Cole Sands have been identified. The Cole Sands, part of the Mirando Formation from the Miocene era,...
C5: Workover successful; production started
Freer – Well C5 located in Freer, Texas, has been successfully completed and started production.
C4: Workover successful; production started
Freer – Well C4 located in Freer, Texas, has been successfully completed and started production.
C3: Workover successful; production started
Freer – Well C3 located in Freer, Texas, has been successfully completed and started production.
C2: Workover successful; production started
Freer – Well C2 located in Freer, Texas, has been successfully completed and started production.
C1: Workover successful; production started
Freer – Well C1 located in Freer, Texas, has been successfully completed and started production.
Wells Back in Production After Maintenance Completion
Freer – RAW Energy is pleased to announce the completion of additional maintenance work across its field operations. This comprehensive maintenance effort has enhanced the field's capability to produce more consistently, marking a significant step forward in our...
B10: Workover successful; production started
Freer – Well B10 located in Freer, Texas, has been successfully completed and started production.
B9: Workover successful; production started
Freer – Well B9 located in Freer, Texas, has been successfully completed and started production.
B8: Workover successful; production started
Freer – Well B8 located in Freer, Texas, has been successfully completed and started production.
B7: Workover successful; production started
Freer – Well B7 located in Freer, Texas, has been successfully completed and started production.
Oil Sales Delayed Due to Cold Weather Impact on Infrastructure
Freer – In response to the recent cold snap, RAW Energy has announced a temporary hold on the sale of approximately 60% of its oil production from January. The severe cold weather conditions have notably impaired the functionality of the company's "Gunbarrel-Tanks,"...
Back in Production
Freer – Most wells are back in production
Production on hold
Freer – Production on hold due to severe weather, cold temperatures (draining of water transfer and injection pumps)
C5: Workover commissioned
Freer - The workover for Well C5 located in the DCRC Wells, Freer, Texas, is commissioned.
C4: Workover commissioned
Freer - The workover for Well C4 located in the DCRC Wells, Freer, Texas, is commissioned.
C3: Workover commissioned
Freer - The workover for Well C3 located in the Government Wells, Freer, Texas, is commissioned.