Anadarko Exploration and Production proposes to dive in deep into the Niobrara play with an application for 49 spacing units of 640 acres (for a total 31,360 acres) in Adams and Arapahoe counties in Colorado. The applications will be decided on by the COGCC in a hearing to be held on October 31st and November 1st, 2011. The Anadarko applications can be found on the COGCC web site at the following links 1110-SP-121 and 1110-SP-122
The results of these proposed wells will be closely monitored by all the players in the industry, and there is heavy speculation that the continued future of leasing activity in the southern Niobrara will hinge on the results from wells that are drilled in this area. It is important to note that an application for a spacing order is just the first step in the process to drilling an oil well.