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Battalion Oil Corporation Announces Strategic Investment in Collide, the AI-Native Operations System for Oil and Gas

BATL
  • Battalion Oil Corporation announced an equity investment in Collide Industrial Technologies Inc. & designated Collide as a Strategic Partner.
  • Collide provides an AI-native operations system built specifically for oil & gas to automate engineering & operational workflows across upstream, midstream, & oilfield sectors.
  • The partnership grants Battalion priority access to the Collide Operations System & product advisory rights through the Collide product advisory council.
  • Collide's "Riggs" AI work environment is designed to process Battalion's legacy data to deliver analysis, mapping, & reporting in minutes instead of hours or days.
  • Battalion plans to unify over 100 terabytes of well files, land records, contracts, & production history into a single queryable model as the deployment foundation.
  • The collaboration aims to aid M&A activities, reduce LOE, improve capital efficiency, & accelerate Battalion's multi-year drilling program.
  • Deployment of Riggs is expected to reach Battalion's production engineers approximately 90 days after the agreement.
  • Initial applications will target gas marketing reconciliation, field invoice review, power usage & hedging, & well failure diagnostics.
  • Battalion is also exploring the development of a large-scale data center on Company-owned surface acreage in West Texas as part of its broader AI strategy.
  • The equity investment is financed from Battalion's balance sheet cash, with specific financial terms not disclosed.
  • Battalion CEO Matt Steele stated the partnership positions the company at the forefront of AI adoption to move from defense to offense.
  • Collide CEO Collin McLelland noted the partnership validates their building process by integrating real-world Permian Basin operator expertise.