Deutsche Rohstoff AG On Track with 2026 Oil Production Goals

Deutsche Rohstoff AG has announced promising developments for 2026, with its latest drilling program producing impressive results. The first pad, Dillon/Billings, has reached a production of 6,000 barrels of oil per day from four wells, exceeding expectations. The company plans to bring a total of 20 wells online by early July, with production anticipated to exceed 20,000 barrels of oil equivalent per day by mid-year.

The company's subsidiary, 1876 Resources, has been instrumental in reaching these milestones. The strong production results are attributed to the high quality of the Powder River Basin and improved completion designs. Deutsche Rohstoff AG is also focusing on expanding its acreage in Ohio, preparing for future drilling in the Utica/Point Pleasant Formation by 2027.