Operations

We currently operate over 550 wells and continue to enhance these properties through drilling, workovers, recompletions, and increased operational efficiency.

Crawley Petroleum Corporation prides itself on its operational expertise and safety record.  Of our 46 employees, eight are Engineers, including our Chairman, President, Vice President, and Operations Manager.  This strong engineering base coupled with our very experienced group of nine Field Supervisors and one Gas Measurement Specialist provides us with strong operational capabilities in the Mid-Continent Region of the United States.

Crawley’s focus on operations began with the acquisition of 34 operated properties in 1980.  At that time, Kim Hatfield was hired as the company's Operations Manager and has subsequently become President of Crawley.

We currently operate over 550 wells and continue to enhance these properties through drilling, workovers, recompletions, and increased operational efficiency.

Recently we have been contacted by operators who want to relinquish the responsibility for operation of their properties but want to retain potential upside.  One recent acquisition was done on this basis.  We purchased 50% of the prior operator’s interest and assumed operations.  This allowed the seller to divest himself of the day to day operational duties while retaining a significant interest in future production, development,  and product price increases.  Crawley believes that it can improve the recovery from these properties and hopes to structure similar deals in the future.

With a reputation as a fair, safe and technically sound operator, Crawley has become “the operator of choice” for many independent prospect-generating companies.  As a result, we have the opportunity to review a steady stream of drilling opportunities. 

One of the greatest challenges in the Oil and Gas Industry is staying current on technology and knowing when to apply it.  Crawley encourages its staff to stay abreast of new technological developments in the industry.

 

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