Post Tagged with: "Piceance Basin"

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 Scott Tipton (R) took a shot at Colorado Governor Polis for reversing the previous Colorado governor’s official state support for Oregon’s proposed Jordan Cove LNG export terminal and Pacific Connector Pipeline. Tipton represents Colorado’s Western Slope, which includes all of Colorado’s oil and natural gas production located west of the Rockies. In a press release posted on his website, Tipton said it was “deeply concerning when Gov. Jared Polis pulled the state of Co… Login or click here to subscribe Username or E-mail Password Remember Me     Forgot Password

U.S. House Examines Exporting NatGas from Piceance Basin to Pacific Northwest

U.S. House Examines Exporting NatGas from Piceance Basin to Pacific Northwest

Jordan Cove – Pacific Connector would take Mancos shale gas to Oregon for export to Asia Rep. Tipton asks administration for speedy consideration of pipeline application From Daily Energy Insider The House Natural Resources Committee held a hearing last week to examine the possibility of exporting natural gas from the Piceance Basin in Colorado through the proposed Jordan Cove Energy and Pacific Connector Gas Pipeline. The Mancos Shale deposit in the Piceance Basin was identified by the United States Geological Survey (USGS) in June 2016 as potentially the second largest natural gas deposit in the United States. The idea is to connect it to the proposed development of the Jordan Cove liquefied natural gas (LNG) terminal in Coos Bay, Oregon, as well as the Pacific Connector Gas Pipeline (PCGP) to bring natural gas from the Piceance Basin, and elsewhere, to the Pacific Northwest and abroad. This could sustain energy development[Read More…]

Exclusive Video Interview with Laramie Energy Chairman & CEO Robert Boswell

Exclusive Video Interview with Laramie Energy Chairman & CEO Robert Boswell

Laramie Energy: doing sandless fracs using higher water volumes and no proppant — at a much reduced cost At its recent 2017 The Oil & Gas Conference®, EnerCom’s Oil & Gas 360® conducted an exclusive video interview with Laramie Energy Chairman & CEO Robert Boswell. Laramie is a privately held operator with a focus on natural gas production in Colorado’s Piceance basin. The Piceance basin is the second largest natural gas resource basin in the United States, holding gas reserves in the tight sands of the Williams Fork reservoir and the underlying Mancos shale. Laramie is the third largest operating company in the Piceance basin in terms of production, reserves and acreage. Laramie has 136,000 net acres in the Piceance basin and it is producing 140 MMcfe/day from its acreage. The company is drilling the Williams Fork with 16-22 wells per five-acre pad, 42 wells per section on 15-acre spacing.[Read More…]

The Piceance Now Thought to Be the Second-Largest Natural Gas Basin in the U.S.

The Piceance Now Thought to Be the Second-Largest Natural Gas Basin in the U.S.

USGS: Mancos Shale Right Up There with the Marcellus – 40-times more natural gas in the Piceance than previously thought Western Colorado has 40-times more natural gas than previously thought, but increased drilling and completion activity in the state’s Piceance Basin is not expected in the near future. The U.S. Geological Survey said the Mancos Shale formation in the Piceance basin holds roughly 66.3 trillion cubic feet of natural gas, up from 1.6 trillion estimated in 2003. USGS cited data from commercial drilling companies and new research for the revision, reports the Associated Press. A trillion cubic feet of natural gas is enough to heat 15 million homes for a year, according to the U.S. Energy Department. The new estimate makes Colorado’s Piceance the second-largest natural gas basin in the United States after the Marcellus Shale, which holds 84 trillion cubic feet of gas, according to USGS. Prices and regulations[Read More…]

Black Hills Increasing Capex to Drill in the Piceance

Black Hills Increasing Capex to Drill in the Piceance

Plans submitted to the BLM call for over 100 horizontal wells Black Hills Plateau Production (ticker: BKH) proposed its development plan for 32,600 acres of federal, private and split-estate lands in De Beque, Mesa County, Colorado, to the Bureau of Land Management (BLM) earlier this month. The plan calls for up to 104 horizontal wells on 13 well pads targeting the Piceance Basin, according to the release from the BLM. Operations are tentatively scheduled to begin in about one year. According to the company’s 10Q, BKH contracted two additional drilling rigs in order to support operations in the Piceance. The company also plans to raise its capital expenditures to $167 million from $123 million, despite significantly lower commodity prices, which have forced most operators to cut their spending plans. There will be a public commenting period of about 30 days before Black Hills moves forward with the development. Chris Joyner[Read More…]