Colorado – Oil & Gas 360

Bayswater acquires new DJ assets & continues to expand Colorado footprint

February 14, 2024

Oil and Gas 360 NEWS PROVIDED BY Bayswater Exploration & Production, LLC 12 Feb, 2024, 13:08 ET DENVER, Feb. 12, 2024 /PRNewswire/ — Bayswater Exploration & Production (Bayswater), a Denver-based oil and natural gas development company, recently acquired assets that will continue to expand its operations in the Denver Julesburg (DJ) Basin in Weld County, Colorado. In an agreement with Confluence DJ LLC, a

FOCUS-In Colorado, oil firms fix leaky wells ahead of new rules

November 14, 2022

Nasdaq KERSEY, Colo. – Northern Colorado’s biggest oil producing region is emerging as a test case for energy companies hoping to tackle the industry’s most pressing regulatory and environmental problems: capping old wells that leak climate-warming methane and other emissions. In this farming community, oil giant Chevron Corp is sending crews as part of a state-wide push to seal leaks. Once

PDC Energy announces approval of Broe Oil and Gas Development Plan Permit adding to existing multi-year inventory of Colorado development drilling locations

June 30, 2022

Oil and Gas 360 DENVER, June 29, 2022 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq: PDCE) announced today that the Colorado Oil and Gas Conservation Commission (“COGCC”) approved the Company’s Broe Oil & Gas Development Plan (“OGDP”) permit, which encompasses 30 wells in rural Weld County, Colorado. The Broe OGDP was initiated by Great Western Petroleum, LLC (“Great Western”), which was acquired by PDC in May

$Sanders fracking ban doesn’t scare Democrats in Colorado- oil and gas 360$

Sanders fracking ban doesn’t scare Democrats in Colorado

March 5, 2020

Houston Chronicle Bernie Sanders’s vow to ban fracking if he’s elected president isn’t scaring off Democrats living atop Colorado’s biggest oil field. The Vermont senator took 38% of the vote in Weld County, the epicenter of Colorado’s booming oil production, racking up almost twice as many votes as rival Joe Biden, who has taken a more moderate position on oil

Drilling ban proposals divide Democrats in U.S. oil states

November 1, 2019

Source: Reuters CARLSBAD, New Mexico (Reuters) – In the southeast corner of New Mexico, new houses, hotels and jobs are sprouting like flowers in the desert. Trucks hauling equipment and laborers jam once-barren highways on the way to thousands of oil rigs. The Democrats who control the state’s government have lofty plans for the billions of dollars in projected

PDC Energy to Acquire SRC Energy

August 26, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 PDC Energy to acquire SRC Energy in all-stock transaction valued at approximately $1.7 billion PDC Energy Inc. (stock ticker: PDCE), an independent E&P based out of Denver, has entered into a definitive agreement to acquire SRC Energy Inc. (stock ticker: SRCI), also located in Denver, in an all-stock transaction valued at

In Britain, Electric Cars Could Store Renewable Energy for Grid: National Power Co. - oil & gas 360

Colorado Joins California in Requiring Automakers to Sell More Electric Cars

August 26, 2019

From CNBC Colorado has become the 11th state to adopt California’s zero-emission-vehicle mandate forcing automakers to sell more electric cars in the state. The new rule was passed by Colorado’s air-quality commission by a vote of 8 to 1 on Aug. 23. It requires at least 5% of an automaker’s new car lineup to be electric vehicles, or EVs, by

Occidental Announces -Andrew Gould Elected to Occidental Board of Directors Oil & Gas 360

Oxy Lowers Production Guidance on Legacy Anadarko Assets

August 14, 2019

From The Houston Chronicle With Occidental Petroleum finalizing its $38 billion acquisition of Anadarko Petroleum last week, Oxy is now lowering its oil and gas production guidance for the legacy Anadarko assets. For the rest of this year, Oxy said Anadarko’s assets will see lower production volumes by at least a couple of percentage points than anticipated because of pipeline

Anvil Capital Partners Provides Funding for Two Companies

August 12, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Vermilion Cliffs Partners gets $11 million senior secured loan facility On Monday, Anvil Capital Partners, a private credit special situations lending firm, announced the final close of an $11 million senior secured loan facility to Vermilion Cliffs Partners. According to Anvil, the funds will be utilized by Vermilion to support the

U.S. Shale Oil Output to Rise to Record 8.77 Million bpd in Sept – EIA

August 12, 2019

From Reuters U.S. oil output from seven major shale formations is expected to rise by 85,000 barrels per day (bpd) in September, to a record 8.77 million bpd, the U.S. Energy Information Administration forecast in its monthly drilling productivity report on Monday. The largest change is expected in the Permian Basin of Texas and New Mexico, where output is seen

QEP and Elliot Management Enter into Cooperation Agreement

August 7, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 QEP Resources and Elliot Management will work together to appoint two new independent directors QEP Resources, Inc. (stock ticker: QEP), a Denver-based independent E&P, has entered into a cooperation agreement with affiliates of Elliot Management Corporation, which owns approximately 4.9% of QEP’s common stock. Under the terms of the agreement, QEP

Gale Norton Joins Liberty Oilfield Services’ Board of Directors

July 24, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Liberty Oilfield Services appoints Gale Norton to its board of directors Gale Norton, former secretary of the interior for the George W. Bush White House, will be joining Liberty Oilfield Services (stock ticker: LBRT) as a member of its board of directors. Additionally, she has been appointed as the chair of

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