Energy-rich Weld County leads the nation’s big counties for job gains

Weld County

Weld County

 – News Director-Denver Business Journal

Colorado’s Weld County, which has seen a recent surge in oil and gas development, enjoyed the biggest percentage job gain among 339 of the largest U.S. counties over the one-year period ending March 31, according to a federal report Thursday.

Two other Colorado counties were in the top 25 for job gains, and Denver County came in at No. 31. Continue reading “Energy-rich Weld County leads the nation’s big counties for job gains” »

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Oil and gas bounty from fracking leads to debate over exports, conference told

Hydraulic Fracturing Illustration - Idealized

Hydraulic Fracturing Illustration – Idealized

 – Reporter-Denver Business Journal

Horizontal drilling and hydraulic fracturing have changed the nation’s energy supplies so dramatically that now people are pushing to export domestic oil and natural gas internationally, Gale Norton, a former U.S. Secretary of the Interior, said at an oil and gas conference Wednesday.

That’s a big change from a decade ago when many worried that the American oil and gas industry would dry up completely.

Norton opened up the two-day “Clean Frac’ing 3” conference at Colorado’s Beaver Creek resort, organized by Houston-based The Petroleum Connection. The conference drew about 100 oil and gas executives to hear about the technology and public relations facets of fracking. Continue reading “Oil and gas bounty from fracking leads to debate over exports, conference told” »

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Oil and gas industry propels metro Denver economy to top 20 cities

Oil Tank Battery in Weld County Colorado with protective liner

Oil Tank Battery in Weld County

 – Reporter-Denver Business Journal

Metro Denver’s economy last year ranked 18th out of 381 metro areas in terms of the value of its goods and services produced, according to a Bureau of Economic Analysis report released Tuesday.

Led by the natural resources sector, metro Denver’s GDP (gross domestic product) was $178.8 billion in 2013, up from $168.7 billion in 2012, the BEA report said. That gave the metro area 4.3 percent GDP growth last year, ranking it 47th out of 381 in percent change. Continue reading “Oil and gas industry propels metro Denver economy to top 20 cities” »

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Cirque Resources Spearheads Fort Hays-Codell Exploration in Northern DJ Basin

Niobrara Stratigraphy - Stephen A. Sonnenberg, 2011, The Niobrara Petroleum System, A Major Tight Resource Play in the Rocky Mountain Region

Niobrara Stratigraphy – Stephen A. Sonnenberg, 2011, The Niobrara Petroleum System, A Major Tight Resource Play in the Rocky Mountain Region

Corrected on September 17, 2014: Earlier version incorrectly referenced well completion in the Ft. Hays member of the Niobrara

The Niobrara formation, deposited between 87 and 82 million years ago during the Late Cretaceous is composed of two structural units, the Smoky Hill Chalk Member and the Fort Hays Limestone Member which is overlain by the Smoky Hill Chalk Member.

To date, the main focus of oil and gas operations in the Niobrara Play of Colorado and Wyoming has been largely focused on the A, B, and C members of the Smoky Hill Member.

Earlier this year in June 2014, Cirque Resources LP petitioned the COGCC to drill a Fort Hays – Codell well (according to state records) in Weld County near the Colorado – Wyoming border named RAILAY 28-3-1CH . The well has since been drilled and completed, and at this time the completion data is still being held confidential by the Colorado Oil and Gas Conservation Commission (COGCC).  The completion results and production data from this well are no doubt being eagerly awaited by industry competitors.  Cirque Resources is known for focusing on front-end exploration where it excels, and upon success, selling off the oil-producing asset to medium to large-sized producers.  (Cirque Resources LP, Energy and Mining International, Jim Harris)
Continue reading “Cirque Resources Spearheads Fort Hays-Codell Exploration in Northern DJ Basin” »

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Longmont, other groups appeal judge’s order that tossed city’s fracking ban

citylongmontCathy Proctor – Reporter – Denver Business Journal

The city of Longmont and environmental groups have appealed a Boulder district judge’s ruling overturning the city’s voter-approved ban on fracking, moving the issue to the Colorado Court of Appeals.

Longmont’s voters approved the ban in November 2012. It was the first city to have a voter-approved ban on fracking, and the outcome of the case is being closely watched by people involved in Colorado’s oil and gas industry as well as residents, local officials and environmental organizations who have raised concerns about drilling rigs near homes and schools. Continue reading “Longmont, other groups appeal judge’s order that tossed city’s fracking ban” »

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Hickenlooper names task force to defuse drilling land-use conflicts

Colorado State Capitol

Colorado State Capitol

By Mark Jaffe  – The Denver Post – September, 8, 2014

Gov. John Hickenlooper Monday named the 19 members of a task force charged with defusing the sometimes bitter land-use clashes between oil and gas drilling and communities.

The task force is a blend of representatives of the oil industry, local government, environmentalists and other economic interests.

There are also distinguished Coloradans who are not directly involved in the dispute. These include Russ George, former Speaker of the House and head of the Department of Natural Resources and retired state Supreme Court Justice Rebecca Love Kourlis.

“Critical to the success and effectiveness of this task force is ensuring there is balanced and informed representation,” Hickenlooper said in a statement.

The task force will be chaired by La Plata County Commissioner Gwen Lachelt and XTO Energy Inc. president Randy Cleveland.

The governor on Tuesday will issue the executive order that gives the task force its charge.

“Almost as important is as who is on the commission is what they are expected to do,” said Geoff Wilson, counsel to the Colorado Municipal League.

The general charge of the task for is to craft recommendation — which can be turned into legislation — aimed at minimizing land-use conflicts between oil and gas operators and communities.

Under Colorado law, local governments do not have the power to ban or strictly limit oil and gas operations. The courts have ruled the state has the ultimate regulatory authority over drilling.

Continue reading rest of story at The Denver Post

 

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ConocoPhillips Drilling Activity Spiking in Niobrara – Aurora residents take issue with taller fracking towers near homes

ConocoPhillipsBy Megan Mitchell – YourHub Reporter – September 3, 2014

AURORA — Some Aurora residents are questioning the transparency of city staff over administrative waivers that may be granted to Houston-based oil and gas developer ConocoPhillips to build 30-foot-tall towers for hydraulic fracturing near residential developments.

ConocoPhillips has five or six well sites in city limits right now. Aurora city planner Stephen Rodriguez said that the five applications moving through the approval process represent a major spike in oil and gas development, especially considering that more applications are due in the coming months. Continue reading “ConocoPhillips Drilling Activity Spiking in Niobrara – Aurora residents take issue with taller fracking towers near homes” »

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Energy Pipeline: The key to fracking in the palm of your hand

Sand Sorting Tower

Sand Sorting Tower

David Persons – For Energy Pipeline – September 3, 2014

Hydraulic fracturing is the key technology that is spurring the current oil and natural gas boom in shale plays in Colorado and around the country.

The key to its success may be surprising.

It’s not the millions of gallons of water that is used for each well drilled.

It’s not even the highly-guarded mix of chemicals used to lubricate each drilling hole.

The single most important ingredient — one that makes the entire fracturing process work so well — is sand. Continue reading “Energy Pipeline: The key to fracking in the palm of your hand” »

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