All Posts Tagged With: "Niobrara Shale"
With the United States pegged by the International Energy Agency to become the world’s largest oil producer within a year thanks to the domestic shale oil boom currently underway, the need to get all of that crude to markets is also growing.29Oct2013 | admin | 0 comments | Continued
The 48 million barrels-level hasn’t been seen since 1960, according to state data, and its thanks mainly to the bounty being pulled from the Niobrara. “The Niobrara is the King Kong,” said Pete Stark, vice president for industrial relations at IHS, a Denver consulting firm that tracks energy.12Mar2013 | admin | 0 comments | Continued
A flop at the box office and with most critics, the real losers in the “Promised Land” debacle, are the environmental activists who pinned their hopes on a Hollywood movie to make the case against hydraulic fracturing. By promoting a work of fiction as “real life,” the activists proved just how little they care about the facts.31Jan2013 | admin | 10 comments | Continued
“Around 2017, the U.S. will be the largest oil producer of the world, overtaking Saudi Arabia,” IEA Chief Economist Fatih Birol said in London on Monday. Shale oil plays like the Niobrara, Bakken and Eagle Ford are driving the production boom — and that means more jobs and economic prosperity.13Nov2012 | admin | 0 comments | Continued
Encana’s original 2012 plan to drill between 40 and 45 wells has been expanded to drill between 115 and 120 wells in 10 plays primarily focused on oil. The company is expecting to drill approximately 350 oil and liquids rich wells in 2013.21Jun2012 | admin | 0 comments | Continued
Driven by the expanding Niobrara Shale Play, Colorado oil production has reached 53,000 barrels a day, a whopping 90 percent increase in just three years, according to IHS Consulting. “The boom is going to present a real fiscal opportunity for Colorado,” said Mark Haggerty of Headwaters Economics.21Jun2012 | admin | 0 comments | Continued