All Posts Tagged With: "Piceance Basin"

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Western Slope O&G Update –

>> WILLIAMS TO EXPAND PICEANCE BASIN OPERATIONS
Company upping rig count from eight to 12 in 2010.
>> COGCC: BATTLEMENT HEALTH STUDY NOT PRESSING
Neslin says it’s too early to commit to baseline health study.
>> NO AGREEMENT ON ROAN GAS DEVELOPMENT
Another meeting is planned prior to January 15.

27Nov2009 | admin | 0 comments | Continued
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Colorado Hub Connection Pipeline Now in Use

Phil Wright, the President of Williams’ gas pipeline business, says the completion of the Colorado Hub makes it possible for the company to connect supplies from Colorado’s Piceance Basin with markets in the western United States.

12Nov2009 | admin | 0 comments | Continued
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Piceance Basin Gets Water Quality Database

The USGA-administered repository site “is a boon for anyone with an interest in understanding water quality in this (booming energy) region—landowners, energy companies, regulators, and public officials,” said the president of the West Divide Water Conservancy District, Sam Potter.

5Aug2009 | admin | 0 comments | Continued
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EnCana’s Profit Decline Less Than Anticipated

The key for Canada’s largest natural-gas producer and major operator in Colorado’s Piceance Basin was locking in higher gas prices before they declined in recent months.

23Jul2009 | admin | 0 comments | Continued
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Enterprise Opens Central Treating Facility Near Meeker

Located about 8 miles south of the company’s recently expanded Meeker gas processing complex, the central treating faciilty can handle as much as 200 MMcfd as well as production from ExxonMobil’s properties in nearby Piceance basin.

6Jul2009 | admin | 0 comments | Continued
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New Supply Presents Near-Term Challenges,
Opportunities for Natural Gas in Colorado

Unlike power generation, however, in the case of transportation further infrastructure is needed. Currently, for example, there are seven publicly available NG fill stations in Metro Denver, but none between Denver and Grand Junction.

29Jun2009 | admin | 2 comments | Continued
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ExxonMobil Ramping Up Projects in Piceance Basin

Mike Smith, the energy giant’s Piceance project manager, said it could be producing at its new total capacity of 250 million cubic feet per day within a couple of years. The company also announced a contribution of $590,000 to the Meeker School District to improve math and science education.

24Jun2009 | admin | 0 comments | Continued
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As Prices Tumble, Gas Reserves Soar

The more the putative supply of gas in the ground rises, the more the price gets depressed. Prices have plummeted nearly 70 percent from their peak a year ago, and they continue to drop – to around $4 per 1000 cubic feet this week. In case you think that drop is a temporary anomaly, have a look at this chart of gas futures, stretching out three months. It’s hard to drill for more gas when it’s unprofitable to produce.

23Jun2009 | admin | 1 comment | Continued
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EnCana Hedges on Natural Gas Production

EnCana Corporation has extended its risk management program for 2010 by establishing fixed price hedges on about 35 percent of the company’s expected natural gas production.

15Jun2009 | admin | 0 comments | Continued
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West Slope Update: GSI Eyes 700 Million-Barrel Potential in Oil Shale Tract

The company claims its breakthrough technology has low environmental impacts and is “energy-self-sustainable.” Said one expert: “We have been involved with oil shale projects since the 1980s and believe GSI’s innovative technology is years ahead of the competition - possessing both process and environmental advantages.”

1Jun2009 | admin | 0 comments | Continued
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BLM Improves Gas and Oil Inspections; Still Behind
in Active Wells

Inspections by the Grand Junction office rose from 67 to 362 in fiscal 2007 over the previous year. Nevertheless, the six field offices conducted just 15 percent of the required high-priority environmental inspections in fiscal year 2007, the report said.

22May2009 | admin | 0 comments | Continued
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Updates from Around the State

>> PUC Holding Public Hearing on Xcel Rate Increase
>> Ritter Signs Renewable Energy Initiative
>> Teton Energy Selling Piceance Basin Assets
>> Court Rules Against CDOT on Mineral Rights
>> Banks Say Legislature Treading on Their Turf

27Apr2009 | admin | 0 comments | Continued
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Ritter Offers Support to Natural Gas Industry –
Says Ruby Pipeline is Key to Economic Recovery

“We’ve become a national and worldwide leader with our New Energy Economy,” the Governor had planned to say in his remarks to the Club 20 audience, “And let me be clear, Colorado’s clean-burning natural gas sector is a key part of the New Energy Economy.”

6Apr2009 | admin | 1 comment | Continued


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