Tag Archives: Niobrara

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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Energy company sells most of its Colorado assets for $910 million

Cathy Proctor – Reporter – Denver Business Journal – February 9, 2016 WPX Energy Inc., Colorado’s biggest producer of natural gas, said Tuesday it will sell most of its Colorado assets to private equity firm Terra Energy Partners LLC for $910 million in … Continue reading

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Niobrara M&A Activity on the Horizon?

Goldman Sachs sees Cabot, Range as majors’ top shale M&A targets By Bill Holland SNL Financial, July 17, 2015 “We see an active opportunity for intra-shale consolidation among E&Ps,” Goldman said. “Multiple shale plays have very fragmented ownership, particularly the Permian … Continue reading

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ConocoPhillips Investor Update shows Niobrara Production at 1000+ BOED

In their most recent Investor Update Package, ConocoPhillips reported that production from their Niobrara wells were now averaging over 1000 barrels of oil equivalent per day (BOED) over a 30 day period.  The company continues to optimize its completion design  and … Continue reading

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Niobrara oil depends on railroads to get to market, say feds

Cathy Proctor – Reporter-Denver Business Journal – March 30, 2015 About 64 percent of the crude oil produced in the Niobrara formation, the rock layer at the center of Colorado’s oil boom, gets to market via railroad tank cars, according to a … Continue reading

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Research planes to study Western gas emissions

By Gloria Dickie – Daily Camera – March 23, 2015 BOULDER — Boulder-based scientists will launch a study Monday to determine how gas emissions from shale oil and natural gas basins in the western United States affect air quality. Using more … Continue reading

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Bills on Colorado ski-area water, mineral rights do a face plant in Legislature

Ed Sealover – Reporter – Denver Business Journal – March 17th, 2015 Two more bills attempting to address disputes between environmentalists and environmentally-minded government agencies on the one hand and property-rights owners on the other have bitten the dust in the Colorado Legislature. … Continue reading

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Colorado Rig Count Surrenders to National Trend

The number of active U.S. land rigs plunged by 98 this week in one of the biggest declines in the past three decades as fallen oil prices continued to pummel the industry’s drilling ambitions as reported by Fuel Fix. In … Continue reading

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