Tag Archives: Capital Spending

Bill Barrett Corp. to begin drilling in Denver-Julesburg Basin again

By ALDO SVALDI – Denver Post – August 15, 2016 Denver-based Bill Barrett Corp. will revive its horizontal drilling program in the Denver-Julesburg Basin, with plans to bring a dozen new wells into production by the first quarter of next … Continue reading

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Colorado spared major spending cuts by Anadarko Petroleum

Cathy Proctor – Reporter – Denver Business Journal Anadarko Petroleum Corp. said Tuesday it will cut its 2015 capital spending budget by about 33 percent from last year, to between $5.4 billion and $5.8 billion, but cutbacks in Colorado will be less severe … Continue reading

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Bonanza Creek Reduces CAPEX by 36-38% for 2015

In their Investor Presentation on January 20 2015, Bonanza Creek Energy Inc, (BCEI) said that they would be reducing their 2015 capital expenditures by 36 to 38 percent.  The company’s plans for its Wattenberg Field Asset is to grow its … Continue reading

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Anadarko’s 2014 Niobrara Growth Surpasses Expections, will Reduce 2015 CAPEX in Line with Peers

Anadarko Petroleum reported stellar growth on February 3rd, 2015 for their Q4 2014 Earnings Call. R. A. Walker, Chairman, President and CEO reported that their Niobrara Wattenberg asset’s growth “has surpassed even our expectations. You might recall during 2013 this … Continue reading

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Carrizo cuts capital spending by 35%, will conduct lease maintenance in Niobrara

On , Jan. 27, 2015 , Carrizo Oil & Gas, Inc.’s (Nasdaq:CRZO) senior management hosted an analyst conference to provide an update on the company’s current operations and future plans. Highlights of the conference include the following operational update for the Niobrara: … Continue reading

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