Industry News

PDC Energy to spend $480 million developing oil and gas wells in Colorado’s Wattenberg Field

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...

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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...

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