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
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’s energy overhaul law, SB 19-181, which passed the Colorado legislature and was signed into law this spring, allowing counties
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 gas law giving local governments appreciably more power to regulate energy extraction. The Weld commissioners unanimously passed a resolution Monday designating the
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 incumbent board members, have been re-elected based on a preliminary count of the vote. All three challengers, members of the
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. Over the past year and a half, Cureton has been installing approximately 115 miles of high- and low-pressure gas gathering
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 production and one third of natural gas production in Colorado comes from Weld County. Weld County Commissioners During its May
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 Governor Polis’s signing of Senate Bill 19-181 into law. [contextly_sidebar id=”YXY7l5GDv4nXgdHMp6GyUPQqrL1WFvhf”] SB 19-181 is the law that makes vast changes the
From the Denver Business Journal Colorado regulators Monday approved an unprecedented Noble Energy Inc. plan to drill hundreds of oil and gas wells on 100 square miles of Weld County. The plan calls for drilling as many as 772 horizontal wells across 64,133 acres of unincorporated farmland southeast of Greeley, an area where Houston-based Noble (NYSE: NBL) owns 85 percent
If 112 passes, Colorado’s oilfield service jobs will disappear From the Greeley Tribune Residents on both sides of a statewide ballot measure that would increase the distance between oil and gas wells and homes, schools and bodies of water to 2,500 feet painted contrasting pictures of what Weld County’s relationship to the measure looks like Thursday during an election forum.
This week, the Boulder County Commissioners told its residents that 8 North LLC, a subsidiary of Extraction Oil and Gas, LLC had applied with the State of Colorado for permits to drill a 1,280-acre area at the far eastern edge of Boulder County, right up to the line on the map that separates long time oil-friendly Weld County and the
Crestone Peak applied to drill 216 wells in Boulder County Judge dismisses Colorado Attorney General’s lawsuit v. Boulder County after moratorium expires on May 1 Local control is alive and well in Boulder County By Bevo Beaven, Editor, Oil & Gas 360 A five year moratorium on drilling in unincorporated Boulder County, Colorado, just expired. Will oil and gas drilling return to
CSB investigated Macondo An independent federal industrial chemical incident investigation arm–the U.S. Chemical Safety Board (CSB)–said today that it is dispatching Denver-based investigators to the recent home explosion site in Weld County, Colorado. Initial information from fire officials and other investigators in the days immediately following the incident determined that a cut flowline from a nearby gas well was the cause of
