All Posts Tagged With: "Niobrara"
Fueled by the Niobrara Shale boom, the Colorado State Land Board has reported its highest oil and gas leasing year ever in Colorado — led by record land leases in Weld and Arapahoe counties last summer and spring.27Dec2012 | admin | 0 comments | Continued
The commencement of the crude oil and natural gas revolution can be boiled down to one simple equation: abundant resources + cost effective extraction = high production levels of unconventional oil and gas. The net effect is a reshaping of the U.S. energy industry and our economy.17Dec2012 | admin | 0 comments | Continued
The good news, nearly all sides agree, is that the technology exists to control methane gas leaks and other air pollution associated with drilling. The bad news is that the industry is booming so rapidly that some companies and some regulators can’t seem to get ahead of the problems, which could ultimately cost billions of dollars to remedy.15Dec2012 | admin | 0 comments | Continued
At the core of the memorandums of understanding, which are nearly identical for both, is a series of “best management practices” that, in some cases, exceed current industry and regulatory standards. Installing vapor recovery units on site is just one example.30Aug2012 | admin | 1 comment | Continued
Gov. Hickenlooper and Noble Energy Celebrate Grand Opening of New Operations Center in Greeley, Colorado
Today’s festivities at the new 66,500 square foot facility included a $5 million check presentation to two Weld County school districts for a Compressed Natural Gas (CNG) School Bus Project.22May2012 | admin | 0 comments | Continued
The president and CEO at the American Petroleum Institute said the “shale revolution” is providing jobs and energy security to the United States. Instead of regulating the process, Washington should make it easier for energy companies to move forward.14May2012 | admin | 0 comments | Continued
The town’s City Council this week voted 6-1 to have its draft of oil and gas regulations prepared for an ordinance. The new rules set up both minimum and recommended standards. Companies can obtain faster approval for their drilling permits by adopting all the recommended standards.19Apr2012 | admin | 0 comments | Continued
Chrysler plans to build the “first production-line pickup truck powered by natural gas.” The manufacturer says it is set to start building at least 2,000 heavy-duty Ram bi-fuel trucks that operate on a combination of compressed natural gas and gasoline.27Mar2012 | admin | 4 comments | Continued
The company said it acquired the assets for a total consideration of $2,662,634 in the form of $2,200,000 in cash and 155,770 shares of Synergy’s common stock. The mineral interests cover approximately 8,875 acres in Weld, Morgan and Larimer counties.15Mar2012 | admin | 0 comments | Continued
State-run giants Cnooc and Sinopec are scooping up minority stakes and signing joint-ventures, to the tune of $17 billion in U.S. and Canadian deals since 2010, to feed the energy thirsty nation. Colorado and Wyoming are part of the mix.6Mar2012 | admin | 0 comments | Continued
Concerned about the number of local initiatives being put forth to regulate drilling along the Front Range,
the Governor hopes the task force will help determine how best to regulate the industry, and that it will clarify state and local government roles.
Colorado regulators gave the go-ahead for Chesapeake Exploration’s“drilling and spacing” request in Douglas County, as well as two dozen others in neighboring Elbert County. 25 drilling and spacing units received approval, each 640 acres in size, for horizontal wells to be directionally drilled into the Niobrara formation.11Aug2011 | admin | 0 comments | Continued