Author Archives: RockPick

Are Refiners Losses Good for Unconventional Producers?

Higher-cost crude could squeeze margins at U.S. refiners Erwin Seba – Reuters August 6, 2017 HOUSTON (Reuters) – U.S. refiners could face a continued squeeze on profit margins in the months ahead as dwindling supplies of heavy crude from Venezuela … Continue reading

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Colorado Rig Count Continues Slow Rise From Bottom

As of July 2017, Colorado’s Rig count as tallied by Baker Hughes rose to an average of 37 rigs as it recovers from a multi-year low recorded in May of 2016.  The historical rig count displayed in the chart to … Continue reading

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Press Release: Expandable Liner Hanger Design Sets Mechanically. No High Pressure Required.

FOR IMMEDIATE RELEASE May, 2017 Expandable Liner Hanger Design Sets Mechanically. No High Pressure Required. The Woodlands, TX – The unique PowerScrew™ liner hanger from Seminole Services utilizes torsional energy from the top drive to efficiently and safely set a … Continue reading

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Whiting Sees Lower Costs, Raises Production Guidance

Charlie Passut –  April 28, 2017- Natural Gas Intelligence Shale Daily “We don’t have any plans for further JVs in the Williston Basin,” Volker said. But he added that in the Niobrara Shale, “there are several parties who’ve contacted us and … Continue reading

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Energy Pipeline: Plugging old vertical wells could soon change Colorado’s landscapes

Sharon Dunn – Greeley Tribune – April 15, 2017 Soon, the city of Broomfield’s landscape could substantially change. Once an oil field, now filled with residential development, the area is dotted with storage tanks and well sites. If a plan by Extraction … Continue reading

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Longmont mulls stand against statehouse bill that would compensate drillers for losses

By John Fryer – The Denver Post – February 20, 2017 Rep. Perry Buck’s measure would make governments that impose a moratorium compensate oil, gas companies Longmont’s City Council is to consider taking a formal stand Tuesday night against a … Continue reading

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ConocoPhillips may restart Niobrara Operations in 2017

At their fourth quarter earnings call on February 2nd, ConocoPhillips  – EVP, Production, Drilling & Projects, Al Hirshberg mentioned that the company may target a rig to operate in the Niobrara later in 2017. Also mentioned in an article about COPs earnings at Seeking … Continue reading

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A drilling rig in a residential Greeley neighborhood? It’s not what you think

Sharon Dunn – The Greeley Tribune – January 13, 2017 Bobbie Burke looked out her front window in west Greeley on Wednesday morning and saw an almost unbelievable sight. A drilling rig — in her neighborhood. Upon closer inspection, the … Continue reading

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