Friday, June 6, 2025

Denbury Resources Plans $300 Million 2018 CapEx

Denbury Resources Inc. (ticker: DNR) released its preliminary year-end 2017 proved reserves, production and capital expenditures, along with its 2018 capital budget and estimated annual production. Preliminary Q4 2017/annual production Denbury’s production averaged 61,144 BOEPD (97% oil) during the fourth quarter of 2017, with CO2 tertiary properties accounting for 65% of overall production. Denbury’s continuing production for full-year 2017 averaged

Interior Dept. to Replace Obama-Era Rule on Methane Emissions

From the Associated Press/Colorado Springs Gazette WASHINGTON (AP) — The Interior Department is replacing an Obama-era regulation aimed at restricting harmful methane emissions from oil and gas production on federal lands. A rule being published in the Federal Register this week will replace the 2016 rule with requirements similar to those in force before the Obama administration changed the regulation.

Colo. Oil and Gas Conservation Commission Will Boost Producer Levy to 1.1 Mills

New 1.1-mill rate will mean a tax of 0.11 cents on every dollar of oil and gas production – money goes to shore up a COGCC revenue shortfall From The Grand Junction Sentinel The Colorado Oil and Gas Conservation Commission on Monday agreed to boost a levy assessed on that production to 1.1 mills, up from 0.7 mills, to head