Monthly Archives: December 2012

COGA gathers crowd to fight drilling-setback increase

Cathy Proctor – Reporter- Denver Business Journal It’s the more the merrier at the Colorado Oil & Gas Association (COGA), which is rounding up an ever-expanding coalition of business groups to argue against expanding (there’s that word again) the state’s rules setting a minimum distance … Continue reading

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Colo. field is touted as main driver for U.S. oil production boom

CBS News – December 27, 2012 (CBS News) GREELEY, Colo. – Despite rising gas prices, oil production is surging in this country. That has some predicting the U.S. could eventually overtake Saudi Arabia as the world’s largest petroleum producer by … Continue reading

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Ultra Petroleum Core Analysis Showing Mixed Results in Southern Niobrara

At the December 5th, Wells Fargo Energy Conference, Ultra Petroleum reported that the core results from three wells drilled in 2012 were showing mixed results. The core analysis contained full shale log suites, core and pressure data for the three … Continue reading

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State energy leases brought in $145M to Colorado

Associated Press – December 24, 2012 GREELEY, Colo.—Energy leases brought in record revenue to Colorado in the past fiscal year, boosted by big sales in Weld and Arapahoe counties. The Colorado State Land Board manages land set aside at statehood … Continue reading

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American Oil Most Since First Well in 1859 Signals Independence

By Asjylyn Loder – Dec 18, 2012 – Bloomberg The U.S. expanded its oil production this year by the most since the first commercial well was drilled in 1859, upending a belief that Americans were increasingly hooked on foreign crude. Domestic output grew by … Continue reading

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Noble says Niobrara is a Top Oil Resource Play

Noble plans for accelerated development in 2013 and beyond At the December 6th Noble Energy Analyst Conference, the company said that the Niobrara is a top oil resource play on par with other highly successful plays such as the Bakken and the Eagle … Continue reading

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Colorado Oil & Gas Association sues Longmont over fracking ban

In the suit the trade group filed in Weld County District Court, COGA said the city’s ban on hydraulic fracturing, or fracking, denies owners of mineral rights under the city, valued at $500 million, access to their property.The Colorado Oil & … Continue reading

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Controversy over fracking in Colorado runs deep

Rift among stakeholders could spill over to legislative session By Peter Marcus – THE COLORADO STATESMAN – December 14, 2012 The debate over whether state regulators can responsibly govern hydraulic fracturing is leaving few parties satisfied — causing a rift between regulators themselves, … Continue reading

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