News and Media
May 2019 – With the acquisition of the Lost Hills Field from California Resources Corporation, Crimson vaults to the twelfth largest producer by BOEPD in the State of California.
September 2018: Ensign 505 rig starting a 19 well program at Crimson’s MWSS 25A property.
March 2018: Crimson hit its highest company-wide production rate since 2009 with a record 2778 BOEPD, led by its Midway-Sunset 25A thermal lease, which broke the 1100 BOPD barrier since the greenfield property commenced production in 2014.
September 2017: Drilling rig at 25A thermal project ready to drill eleven (11) slim hole injectors.
June 2015: Completed drilling ten (10) Tulare producing wells at Midway-Sunset 25A.
April 2015: Crimson 25A thermal project went to steamflood on April 21 with the commissioning of Tulare injector – Well #108-5Ai at 177 BSPD.
November 2014: Panama 4-22 frac tanks set.
July 2014: Crimson 25A radiant section for steam generator #1being transported via truck from Kansas.
June 2014: Crimson 25A steam generator #1 and water plant nearing completion.
April 2014: First pumping unitdelivered to the Thermal steam flood #10-4 well location on the 25A lease, Midway-Sunset Field.
April 2014: Thermal steam flood project construction underway at 25A lease, Midway-Sunset Field.
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Denver, Colorado 80202
5001 California Avenue, Suite 206
Bakersfield, California 93309