Tuesday, September 2, 2025

With One Million Ballots In: Will Colorado Voters Stop Drilling by Voting for Proposition 112?

An ‘educated guess scenario’ puts Colorado Prop 112 in the ‘fail’ column—by four-tenths of 1% Frac site in the Wattenberg field – northern Colorado. The Colorado Secretary of State’s ‘ballots received’ count topped one million as of today’s ballot count report, with six days remaining for voters to turn in their ballots. Colorado Secretary of State Wayne Williams reported Thursday

Upstream Buying Spree Continues With $7.7 Billion Deal

Encana acquires Newfield in all-stock transaction resulting in North America’s No. 2 unconventional producer Encana (ticker: ECA) announced the third major acquisition in the past four days today, acquiring Newfield Exploration (ticker: NFX). Newfield is a primarily SCOOP/STACK company, producing 143.7 MBOEPD from the basin. While the company also has operations in the Williston, Uinta and Arkoma basins, and produces

WPX Plans 30% Production Growth and Free Cash in 2019

May sell pipeline interests to fund additional CapEx WPX Energy (ticker: WPX) announced third quarter results today, showing a net loss of $7 million, or ($0.01) per share. This loss was due to WPX’s derivative losses, as if these and other special charges are excluded the company earned an adjusted $29 million in Q3. WPX produced 123.8 MBOEPD in Q3,