Prairie Operating Co. is a publicly traded independent energy company headquartered in Houston, Texas. It focuses on the acquisition, development, and production of crude oil, natural gas, and natural gas liquids.
Prairie places a particular emphasis on assets in the Denver-Julesburg (DJ) Basin in Colorado. Its activities include exploration, production, and expansion within that region, and it has an office presence tied to Colorado in addition to its Houston base.
What distinguishes Prairie is its growth via strategic basin consolidation and acquisition. For example, it expanded its position by acquiring Denver-Julesburg Basin assets from Bayswater Exploration & Production in a transaction valued at about $603 million. This demonstrates its approach of building scale in its core operating region through opportunistic deals rather than wide diversification.