All Posts Tagged With: "colorado oil and gas industry"

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Anadarko to Sell Colorado Pipeline Assets

Western Gas Partners’s $498 million purchase of the Wattenburg system includes 1,734 miles of pipelines that gather natural gas from producing wells, as well as a plant that can process 105 million cubic feet of fuel a day.

3Aug2010 | admin | 0 comments | Continued
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Energy Bill’s Late Frac’ing Provision Draws Fire From Natural Gas Industry

Although labeled a ‘watered down and very disappointing’ bill from clean energy groups, the proposed legislation making the rounds in the U.S. Senate is now drawing fire from the natural gas industry, which is balking at a late addition to the measure.

29Jul2010 | admin | 0 comments | Continued
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Reality Check: New Drilling Regs Haven’t
Hindered Industry

It has been more than a year since Colorado stiffened drilling regulations for oil and gas operators following months of contentious debate … and, surprise … the industry didn’t fall off the cliff as was predicted by many opponents prior to the rules’ final approval. In fact, this year shapes up to be the second highest ever for drilling permits.

19Jul2010 | admin | 1 comment | Continued
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Startup Bear Tracker Energy to Get $200 Million

The company launched last year by CEO Bob Clark, said the investment will come from Blackstone unit GSO Capital Partners LP and from Bear Tracker’s management. The funds will be be used to develop North American midstream assets.

6Jul2010 | admin | 0 comments | Continued
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What’s in a Name? Plenty Says Longtime
Denver Oil & Gas Player

Based in the Mile High City for more than a century, St. Mary Land & Exploration will be now be known as SM Energy Company starting June 1st.

31May2010 | admin | 0 comments | Continued
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High Sierra Water Services Hits Produced
Water Treatment Milestone

The Denver-based company’s flagship Anticline facility has surpassed 22 million barrels (924 million gallons) of water treated in the Pinedale region of Wyoming.

20May2010 | admin | 0 comments | Continued
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Interior Department Opening More Than 11,000 Acres of North Park to Drilling

Over the protests of conservation groups, federal land managers are moving to open 11,160 acres of North Park for gas and oil drilling, while tweaking their proposal to protect some sage grouse breeding grounds and possibly place limits on drilling companies.

10May2010 | admin | 3 comments | Continued
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Production Control Services and OleumTech Partner
on Tech Solutions

Frederick-based PCS and OleumTech are providing oil and gas operators with a single source for automated well control, field data acquisitions and wireless tank level monitoring.

6May2010 | admin | 0 comments | Continued
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Denver-Based EnerCrest Closes Five Offices,
Lays Off Workers

The energy services company is reportedly scaling back its road and pipeline construction operations in oil and gas areas, including the closing of the Rifle and Greeley offices. The company’s Todd Erickson, is quoted as saying EnerCrest does not intend to file for bankruptcy.

9Apr2010 | admin | 0 comments | Continued
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Potential of New Oil Find Has Industry Jacked

The Northeastern plain of Colorado may have another “gusher” on its hands reminiscent of the high production years of yore, if the initial results of the new find has “the legs” some industry experts suspect.

25Feb2010 | admin | 3 comments | Continued
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Mesa County Drained by Loss of Energy Jobs

Oil and gas job loses rippled through other businesses. Unemployment spiked from 3.7 percent in the fall of 2008 to 9 percent today, but there are signs of an upturn; some companies are starting to hire back workers after nothing but layoffs for some time.

11Feb2010 | admin | 0 comments | Continued
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Denver Economic Development Office Sees Stronger Energy Markets for 2010

This year is shaping up to be a much better one for energy markets in the Denver metro area, according to analysts who predict energy trends will strengthen. They base their positive outlook on data compiled by the Metro Denver Economic Development Corporation.

9Feb2010 | admin | 0 comments | Continued
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Ritter Won’t Run for Re-Election

Ritter’s “New Energy Economy” has been touted nationwide as an example of how to balance fossil fuels with renewable sources to diversify a state’s energy portfolio, and many Coloradans — some say a majority — support more regulation of extractive industries, including mining, to protect the state’s natural beauty and outdoor recreation economy.

6Jan2010 | admin | 0 comments | Continued
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Oil and Gas Update — Noble Energy to Purchase Suncor Assets in Eastern Colorado

The company said Tuesday that it will buy substantially all of the Rocky Mountains oil and gas assets of Petro-Canada Resources Inc. and Suncor Energy America Inc., for $494 million. Included in the purchase is 340 thousand total net acres, nearly 200 thousand of which are located in the Greater DJ Basin in Weld County.

5Jan2010 | admin | 0 comments | Continued
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Is Exxon - XTO Energy Deal Sign of Things to Come?

The energy giant says it will buy XTO Energy in an all-stock deal worth $31 billion as the oil giant seeks to capitalize on the growing supply of natural gas at home.

14Dec2009 | admin | 2 comments | Continued
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Natural Gas Executives See Good Times Ahead

The reasons for optimism — a surge in production from plentiful shale and coal bed methane formations, and the expectation that climate change legislation will increase the demand for natural gas-fired power generation.

10Dec2009 | admin | 1 comment | Continued
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