All Posts Tagged With: "colorado oil and gas industry"
Apache Paying Nearly $3 Billion for Cordillera Energy
The deal is valued at $2.85 billion and part of the buyer’s
plan to expand its holdings of energy-rich reserves in the Midwestern United States, specifically the transaction will double Apache’s acreage in the energy-rich Anadarko shale formation.
Windsor to Get $20 Million Halliburton Plant
When completed within the next few months, the terminal will support hydraulic fracturing activity in the Denver-Julesburg Basin, and eventually employ up to 500 workers. It’s another plus for a rebounding Northern Colorado economy.
20Jan2012 | admin | 0 comments | Continued
Rifle-Based Company Expands Manufacturing
Todd’s Welding Inc. has recently signed a long term lease for a 10-acre manufacturing facility located in Fruita in order to meet nationwide demand for their oil and gas equipment fabrication services.
14Jan2012 | admin | 0 comments | Continued
Oil & Gas CFOs Cite Unconventional Energy Sources as Greatest Investment in 2012
The discovery of new resource plays such as the Niobrara here in Colorado is driving overall oil and gas industry growth in 2012, according to a new study released by BDO USA, LLP. Energy executives are focusing their attention and capital on unconventional resources.
11Jan2012 | admin | 0 comments | Continued
Shale Primes Colorado’s Oil and Gas Industry
France energy giant Total SA is joining the domestic shale rush with a $2.3 billion investment in Chesapeake Energy. Meanwhile, China Petrochemical Corp. is ponying up $2.5 billion in a joint venture with Devon Energy to explore oil and gas projects from the Niobrara in Colorado to the Tuscaloosa Marine shale in Alabama and Mississippi.
4Jan2012 | admin | 0 comments | Continued
British Energy Company Buys Stake in Niobrara
In another indication that Colorado’s Niobrara is attracting global interest, London-based Nighthawk is increasing its focus in U.S. shale plays with the announcement that it is acquiring an additional 25% interest in the Jolly Ranch project
in the DJ Basin. The seller is Running Foxes Petroleum.
Oil Pollutants Seeping Into Metro Denver
Water Supply
Western Resource Advocates, a nonprofit environmental law and policy organization, argues the Suncor leak into the South Platte River is just the most recent example of why strong regulations and oversight procedures are needed before widespread oil drilling begins near heavily-populated areas along the Front Range.
30Nov2011 | admin | 0 comments | Continued
Delta Petroleum Troubles Tops Oil and Gas News
The Denver-based company saw its stock price drop precipitously Wednesday on news of higher dry hole costs and impairments, despite an actual increase of total revenues. Delta said it now believes a restructuring of its indebtedness is likely to be necessary, and without liquidity issues being addressed, Chapter 11 could be an eventual outcome.
10Nov2011 | admin | 0 comments | Continued
Caution on Local Fracking Policies
We’re not surprised that some Front Range counties are developing local regulations to govern oil and gas leasing as exploratory activity in the Niobrara formation begins to encroach on populated areas. Nor do we necessarily consider all such initiatives misguided. Energy development can involve noise, traffic and other activity that has an impact on a community’s quality of life. Having said that, however, we believe counties should proceed with caution.
7Nov2011 | admin | 0 comments | Continued
Shale Gas Bets Dominate Mergers & Acquisitions
Oil and gas deals got bigger and were dominated by foreign buyers placing bets on U.S. shale plays, according to a report on U.S. energy mergers and acquisitions released Wednesday by PwC’s energy consulting practice.
28Oct2011 | admin | 0 comments | Continued
El Paso County Partially Lifts Drilling Moratorium
County spokesman Dave Rose said Wednesday that it modified the moratorium to enable the [development services] department to take applications for temporary exploration activities.
27Oct2011 | admin | 0 comments | Continued
State Oil and Gas Briefs
>> Regulators Criticize El Paso County Moratorium
>> Shell’s Play Raises Local vs. State Issue
>> Bridging Gap Between Energy and Communities
>> Kodiak Shares Drop on Liquidity Concerns
>> Brownstone Energy Gets BLM Approval
Venoco Gets Approval for California Pipeline
The pipeline will enable Venoco to transport crude oil from the company’s 2,000-a-day South Ellwood field, which is about 12 miles west of Santa Barbara.
19Sep2011 | admin | 0 comments | Continued
Encana Selling Midstream Assets on West Slope
The Piceance basin midstream assets, built in the past decade, serve Encana’s Mamm Creek, Orchard and South Parachute production in the vicinity around Rifle. They gather and transport 500 million cubic feet of natural gas per day.
8Sep2011 | admin | 0 comments | Continued
Colorado Springs Seeking Way to Resolve Issues in Banning Lewis Fight
The city says the company should be bound by a 23-year-old annexation agreement and other land-use controls that were intended to govern how the massive ranch would be developed; Ultra says the agreements would tie its hands at it pursues energy exploration on the property.
24Aug2011 | admin | 0 comments | Continued
Industry Pushes Back on Shale Gas Recommendations
The American Petroleum Institute is filing 10 pages of comments that take issue with several of the group’s recommendations, which was tapped by Energy Secretary Chu to study ways to boost the safety and environmental performance of U.S. natural gas production.
18Aug2011 | admin | 0 comments | Continued
You seem to be ignoring the issue that this wind farm -- Limon II -- was touted by Xcel as ...
Ya know what else could save a bundle of money? A serious investment in efficiency, and unlike shale gas, ...
I read your post and and it's nice to be hear that DU offers new
certificate in petroleum land Management ...
Nice job Graham. It's important to note that what constitutes "green jobs" policy in the US is not the ...
Mineral severance has been in existence for 100 - 200 years. Some of the transfers may not have been totally ...
Great work by the EEBC. Yes consumers need to find financing,but the EEBC is also working on this item too. 
There is already a rule on the books that requires title disclosure for severed mineral rights.
It was done in ...