Post Tagged with: "Colorado"

Source: Houston Chronicle

Sanders fracking ban doesn’t scare Democrats in Colorado

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, …

March 5, 2020 - 10:00 am Fracing, People
Drilling ban proposals divide Democrats in U.S. oil states

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

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 …

Source: PDC Energy

PDC Energy to Acquire SRC Energy

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

Colorado Joins California in Requiring Automakers to Sell More Electric Cars

Colorado Joins California in Requiring Automakers to Sell More Electric Cars

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 …

Source: Occidental Petroleum

Oxy Lowers Production Guidance on Legacy Anadarko Assets

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 …

Source: QEP Resources

Anvil Capital Partners Provides Funding for Two Companies

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

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

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

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 …

Source: QEP Resources

QEP and Elliot Management Enter into Cooperation Agreement

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

Gale Norton Joins Liberty Oilfield Services’ Board of Directors

Gale Norton Joins Liberty Oilfield Services’ Board of Directors

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

Whiting Petroleum Names New CFO

Whiting Petroleum Names New CFO

By Tyler Losier, Energy Reporter, Oil & Gas 360

Michael J. Stevens steps down as CFO, Correne S. Loeffler selected as replacement
Whiting Petroleum Corporation (stock ticker: WLL), a Denver-based independent E&P with an oil-focused asset base, has named Correne

Conference Spotlight: Williston Basin Presenters

Conference Spotlight: Williston Basin Presenters

By Tyler Losier, Energy Reporter, Oil & Gas 360


The Oil and Gas Conference’s Williston Basin presenters cumulatively produce 633,800 BOEPD

From August 11-14, Oil & Gas 360’s parent company – EnerCom – will host its 24th annual The …

Edge of the Wattenberg: Colorado: Weld County Just Created its Own Oil & Gas Department

Colorado: Weld County Just Created its Own Oil & Gas Department

The Weld County oil & gas department will open August 5
Weld Commissioners say the action "solidifies their commitment of preserving oil and gas production in the county”
By Bevo Beaven, Editor, Oil & Gas 360
In the wake of

Colorado Governor’s Withdrawal of Support for Jordan Cove Riles U.S. Congressman

Colorado Governor’s Withdrawal of Support for Jordan Cove Riles U.S. Congressman

Polis's snub of Jordan Cove dovetails with his new 100% renewable energy program
By Bevo Beaven, Editor, Oil & Gas 360
U.S. Congressman Scott Tipton, representing Colorado's Western Slope -- the Piceance Basin. Photo: U.S. House of Representatives

U.S. Congressman

Wattenberg Field: Weld County Pounces on Local Control in Wake of Colorado’s New Oil and Gas Law

Wattenberg Field: Weld County Pounces on Local Control in Wake of Colorado’s New Oil and Gas Law

Weld commissioners unanimously designate county as oil and gas local-control county

From the Denver Post

GREELEY — Weld County is letting it be known that there’s more than one way to interpret Senate Bill 181 — Colorado’s sweeping oil and

Historic Agreement Could Finally Open Up Overseas Markets for Western States’ Natural Gas

Historic Agreement Could Finally Open Up Overseas Markets for Western States’ Natural Gas

From the Deseret News

SALT LAKE CITY — Signers inked a historic agreement Thursday at the Governor’s Energy Summit, potentially opening up natural gas markets for Western states and the Ute Indian Tribe by looping in the Wyoming Pipeline Authority.…

Source: PDC Energy

All Three PDC Energy Incumbents Win Board Seats

By Tyler Losier, Energy Reporter, Oil & Gas 360

 
Kimmeridge’s candidates defeated, ending months-long battle
PDC Energy, Inc., following its 2019 annual meeting of stockholders, announced today that CEO Barton Brookman, and directors Mark Ellis and Larry Mazza, all

Colorado Oil Regulator Urged to Stop Drilling at First New COGCC Meeting

Colorado Oil Regulator Urged to Stop Drilling at First New COGCC Meeting

From the Denver Business Journal

 

Some sections of SRC Energy’s Comprehensive Drilling Plan gain approval; PetroShare settlement for year-late integrity test unanimously rejected by commission

Anti-fracking activists and neighborhood residents urged Colorado’s oil regulatory agency Tuesday to stop new …

Source: Cureton Midstream

Cureton Midstream Forms Commercial Agreement with Six DJ Basin Producers

By Tyler Losier, Energy Reporter, Oil & Gas 360

 
Increased Gas Processing Capabilities in Weld County
Cureton Midstream, LLC, a Denver-based company founded in 2016, signed a commercial agreement this Tuesday with six unnamed E&P’s in the DJ Basin.

Colorado Won’t Halt Drilling as it Refocuses Rules on Safety

Colorado Won’t Halt Drilling as it Refocuses Rules on Safety

From AP/Fox31

DENVER — Colorado officials said Tuesday that they had no plans to stop energy companies from drilling for oil and gas while regulators overhaul state rules to make health, safety and the environment their top priority.

Dan Gibbs, …

A Look at U.S.A.’s Energy States: Which Are the Best and Worst for Business?

A Look at U.S.A.’s Energy States: Which Are the Best and Worst for Business?

CEOs rank Texas at the top, California at the bottom

Chief Executive magazine has published its newest list of the best and worst states for business. Texas ranked Number One—again. California is Number 50—again.

In the executive summary of

May 16, 2019 - 1:09 pm Closing Bell Story‎, Economy, Jobs
Colorado Energy Bill: Weld County Board of Commissioners Moves to Take Full Control of Oil & Gas Permitting from the State

Colorado Energy Bill: Weld County Board of Commissioners Moves to Take Full Control of Oil & Gas Permitting from the State

County that's home to the Wattenberg field takes "first step to ensure our future and a robust economy”
Weld County is the number one producer of oil and gas in Colorado. The county reports that 89% of all crude oil

New Colorado Environmental Law Stalls Oil Investment

New Colorado Environmental Law Stalls Oil Investment

From Reuters

New environmental regulations in Colorado have chilled investment in the state’s oil and gas fields as companies grapple with how local officials will respond to a law giving them more power to restrict energy production.

Colorado now ranks …

Source: University of Colorado

Colorado Energy Bill Results in Crestone Peak’s Comprehensive Drilling Plan Hearing Being Tabled by the COGCC

SB 19-181 lands Crestone Peak CDP on Director’s Objective Criteria list – i.e. drilling plan red flagged to provide additional time to evaluate; all deadlines, prehearing conferences and the hearing on Crestone CDP are vacated
Boulder County Board of County

Dear Weld County’s Hard Working Citizens: When Governor Polis said He wants All Families to have a Chance to Thrive, He Wasn’t Talking about You—Weld County Commissioners

Dear Weld County’s Hard Working Citizens: When Governor Polis said He wants All Families to have a Chance to Thrive, He Wasn’t Talking about You—Weld County Commissioners

Weld County economy depends heavily on oil and gas production
The Board of Weld County Commissioners, representing the working people who live in the epicenter of Colorado’s most prolific oil-producing region, posted a message to their constituents in response to

Drilling in Colorado Lives to See Another Day: Proposition 112 Fails - Photo: Oil & Gas 360

Colorado Regulators Prepare to Hit the Ground Running When Oil and Gas Bill Becomes Law

From The Denver Post

State officials aren’t waiting for the governor to sign a bill revamping oil and gas regulations to get a start on writing rules, a process that is likely to take at least a year, several hearings …

Colorado Energy Overhaul Bill 181 Achieves Final Passage, Heads to Governor Polis

Colorado Energy Overhaul Bill 181 Achieves Final Passage, Heads to Governor Polis

Energy overhaul bill SB 181 with House amendments passes final vote in Senate after 22 minutes of discussion in its last legislative appearance in past 4 1/2 weeks
Colorado’s controversial energy overhaul bill, Senate Bill 19 - 181, which was

New Era for Colorado Oil and Gas Permitting and Regulation Starts Now - Oil & Gas 360

Colorado Energy Overhaul Bill Speeds Through All Six Committees, Next Up – Second Reading and House Vote

Bill may finish its journey this week
The 2019 Democrat-controlled Colorado legislature has toggled Senate Bill 19-181 through six committees in both houses at record speed.

The bill, which seeks to give the siting and permitting decisions for new wells

Colorado Senate Passes Energy Overhaul Bill as Amended, House is Next Up

Colorado Senate Passes Energy Overhaul Bill as Amended, House is Next Up

From the Denver Business Journal

The Colorado Senate amended the major oil and gas reform bill, making it a little more industry friendly as it won its round of approval in the full senate.

More work is still to be …

Courtesy of Extraction Oil & Gas, Inc.

Contested Oil Wells in Colorado Suburb Clear Major Hurdle

From the Associated Press

DENVER (AP) — A fiercely contested oil and gas project in a residential neighborhood outside Denver cleared a major hurdle Tuesday when state regulators approved a request by an energy company to drill for reserves that …

March 13, 2019 - 4:45 pm Closing Bell Story‎, Energy News, Regulatory
COGCC Acting Director Issues Well Location ‘Red Flag List’ to Permitting Staff

COGCC Acting Director Issues Well Location ‘Red Flag List’ to Permitting Staff

Drilling permit protocol memo flags 15 location criteria "subject to additional review by Director"  
By Bevo Beaven, Editor, Oil & Gas 360

A significant increase in the number of drilling permit applications submitted last year in the lead-up to the