G2 Energy CEO Slawek Smulewicz joined Steve Darling from Proactive to share important news about the company's flagship asset, the Masten Unit in Cochran County, Texas. G2 Energy has officially transferred operations from RMB Operating LLC to OilWell Operators of Pampas, Texas.
Smulewicz explained to Proactive that the decision to remove RMB Operating LLC was due to their failure to meet performance standards and cooperate according to the company's expectations. The appointment is a crucial step in G2 Energy's process of becoming the Operator of Records, as defined by the Texas Railroad Commission.
To ensure smooth operations and effective management of the Masten Unit, G2 Energy has hired an experienced operating team in Oilwell Operators consisting of local oil industry professionals. The company is committed to advancing the Masten Unit in a safe and efficient manner. Over the next 40 days, G2 Energy aims to return the Masten Unit to its previous production levels. The company says they are seeing increases in just the last 24 hours with the new company.
This transition represents an important milestone for G2 Energy as it takes a more direct role in operating its flagship asset. The company's dedication to achieving high-performance standards and maximizing production demonstrates its commitment to delivering value to stakeholders and driving the success of its operations in Texas.
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