Company plans to begin work on 131 news wells in state in 2018 By JOE RUBINO | jrubino@denverpost.com | The Denver Post December 11, 2017 at 5:59 pm Denver-based oil and gas company PDC Energy said Monday it expects to invest $480 million in operations in Colorado’s Wattenberg Field in 2018. PDC, in a...
Archive for category: Industry News
Anadarko Petroleum plans to goose Colorado spending in 2018
By Cathy Proctor – Reporter, Denver Business Journal Nov 17, 2017, 6:04pm MST Updated Nov 21, 2017, 9:59am Anadarko Petroleum Corp. said it plans to invest about $950 million into its operations next year in the Denver-Julesburg Basin, which spreads north and east of Denver to the state’s borders. That’s up from about $840 million the...
EPA Finds No Widespread Drinking Water Pollution From Fracking
Jeff Brady – National Public Radio – June 04, 2015 The Environmental Protection Agency says it has found no evidence that hydraulic fracturing — better known as fracking — has led to widespread pollution of drinking water. The oil industry and its backers welcome the long-awaited study, while environmental...
Energy Pipeline: Colorado’s oil production flips between fields
Republished from Greeley Tribune January 4, 2015 In 2013, Colorado broke a 56-year old record for crude oil production. Data collected by the Colorado Oil and Gas Conservation Commission showed a record-breaking 64.9 million barrels were produced in Colorado in 2013. The previous record was set in 1956, when...
Fracking in Colorado
Swan Energy looks for opportunities to educate it partners and post interesting news stories about the oil and gas industry. This post is a story from StudyFracking.com. —— Energy production in Colorado looks differently than it did 153 years ago. The advent of environmental regulations, coupled with the oil and...
November 2014 Industry News Update
There is plenty of news about the price of oil these days and much of it is good for our Joint Ventures in Colorado and Oklahoma. Just consider these very positive points from the U.S. Energy Information Agency: Niobrara production is forecast at 403 barrels a day per rig...
CU-Boulder Study: Some Chemicals in Fracking Fluid Not More Toxic Than Household Products
EDITOR’S NOTE: This story has been corrected to specify that it was only the surfactants in fracking fluid that were found to be no more toxic than common household products. Some of the chemicals found in fracking fluid collected in five states — including Colorado — were no more...
Crude Oil and Lease Condensate Production at Highest Volume Since 1986
Source: U.S. Energy Information Administration, DrillingInfo, Inc., Illinois State Geological Survey, Indiana Geological Survey Crude oil and lease condensate production in the United States exceeded 8.6 million barrels per day (bbl/d) in August, a production volume not observed since July 1986, according to EIA’s latest Petroleum Supply Monthly. More...
IEA: North American Oil Spells Big Changes Ahead for Oil Markets
The global oil landscape is rapidly changing, with “shockwaves” from supply growth in the US due to shale gas, light tight oil as well as the Canadian oil sands extending to “virtually all recesses of the global market,” the International Energy Agency (IEA) wrote in a May 14 report....
