All Posts Tagged With: "oil and gas lease sales"
Anadarko’s Announcement Could Signal Big Increase in Weld County Energy Activity
“Based upon the early results of Anadarko’s program in the Wattenberg field, we are confident the liquids-rich Horizontal Niobrara and Codell opportunity provides a net resource potential of 500 million to 1.5 billion BOE (barrels of oil equivalent); and it’s located right in the heart of one of our existing core areas,” said a company VP.
15Nov2011 | admin | 0 comments | Continued
Interior Plans Overhaul to Oil and Gas Royalties
The proposed change would streamline the current royalty process from a complicated analyses to calculating royalties using a market price based on the geography of a region. “These changes could dramatically improve compliance and reduce administrative costs for industry and the government.”
25May2011 | admin | 0 comments | Continued
Tracking Oil and Gas News …
>> Lease Auction Generates Nearly $9 Million
>> Salazar Seeks Ways to Boost Drilling, Alternative Fuels
>> State Fines Kinder Morgan for Drilling Without Permits
>> Battlement Mesa Citizens Want Health Risks Examined
>> COGA Enhances Online Presence
State’s Oil and Gas Activity Heats Up
All 14 parcels offered by the BLM at Thursday’s lease sale were sold, generating $2,038,560, or an average of $207 per acre. A Mesa County parcel received the highest per-acre bid at $1,090 for 157 acres north of Collbran. In total, Colorado is on pace to issue 6,500 permits this year, the second most ever.
13Aug2010 | admin | 0 comments | Continued
North Park Lease Sale Good News or a Dud — Depending on Who You Ask
The BLM’s controversial lease sale of parcels in Northern Colorado netted only two bids out of 11 total offered. About 1,470 acres of the full 11,073 up for lease in the area were bid on. Conservation, hunting and wildlife groups have strongly opposed opening the area to more drilling.
14May2010 | admin | 0 comments | Continued
Colorado BLM Again Gets Low Bids on Lease Sale
For the second straight time, Colorado’s Bureau of Land Management’s quarterly oil and gas lease sale yielded some of the lowest monetary results in decades.
14Feb2010 | admin | 1 comment | Continued
Oil & Gas Updates From Around the State
>> BLM Lease Sale Nets Third Smallest Total Since 1970
>> Battlement Mesa Residents: Health Study Before Drilling
>> Sportsmen Groups Praise Decision to Defer Lease Sale
>> Use of “Disposal” Wells Likely to Increase
>> Experts Highlight Q3 Growth in Natural Gas Industry
Federal Audit Finds BLM Must Do More to Combat
Fraudulent Lease Bids
Department officials are confident the proposed measures will reduce the risk of bad-faith bidders from interfering with auctions, still, the inspector general recommends several additional steps, including establishing a nationwide ban on persons or companies that have defaulted on repeated parcels from participating in BLM auctions.
8Sep2009 | admin | 0 comments | Continued
State’s Oil and Gas Lease Sales Set
for Sept. 9th — Online!
The website lists a total of 38 parcels netting out at 28,489 acres, located within the Royal Gorge (Canon City), Little Snake (Craig), and White River (Meeker) field office areas, with the parcels split into two groups that will become available for bid on a staggered basis during a two-day period.
13Jul2009 | admin | 0 comments | Continued
Two-Month Drilling Reprieve for Roan Plateau
Led by the Bill Barrett Corporation, energy companies that own the federal oil and gas leases in the area, have voluntarily agreed to extend their self-imposed drilling ban for another two months, while hoping to settle a lawsuit brought by conservation groups.
24Jun2009 | admin | 1 comment | Continued
BLM to Offer Oil and Gas Leases on 58,000 Acres in Colorado
The posted list identifies 57 proposed parcels located in areas under the management of four BLM Colorado Field Offices – Royal Gorge (Canon City), Little Snake (Craig), White River (Meeker) and the Dolores Public Lands Office.
17Mar2009 | admin | 0 comments | Continued
Salazar’s Oil Shale
Reactions to last week’s decision by Interior Secretary Ken Salazar, the former senator from Colorado, to reverse the last-minute Bush Administration ruling to open Western public lands for oil share exploration ranged from outrage to exuberance. Both extremes are overstated. For one thing, Salazar is only postponing the lease sale, not canceling it.
3Mar2009 | admin | 2 comments | Continued
Bids are Low on BLM’s Latest Colorado Oil and Gas Lease Sale
The Denver auction of 11,257 acres came after the BLM and the U.S. Forest Service withdrew most of the 130,000 acres originally intended for sale in response to concerns raised by environmental groups.
13Feb2009 | admin | 0 comments | Continued
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I read your post and and it's nice to be hear that DU offers new
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