Wattenberg Field – Page 2

Extraction Oil & Gas Prepares to Invest $770-$840 Million 2018 CapEx

December 19, 2017

2018 capital program, production and operating expense guidance The company expects its full-year 2018 average net sales volumes to be 87-93 MBOEPD, with 42.5-45.5 MBbl/d of crude oil, which at the midpoint represents 76% total equivalent growth and 83% crude oil growth over the midpoint of the 2017 guidance ranges provided in December 2016 Drilling and completion capital expenditures for

Colorado: Weld County Just Created its Own Oil & Gas Department Oil & Gas 360

PDC Energy Earmarks $920 Million CapEx Budget for 2018

December 12, 2017

PDC Energy, Inc. (ticker: PDCE) announced today its 2018 capital investment budget and production forecast. 2018 budget highlights: Year-over-year production growth of approximately 25 percent to an estimated 38 to 42 million barrels of oil equivalent (MMBoe) Oil production to account for approximately 42 percent of total production, representing a year-over-year oil volume increase of approximately 30 percent Year-over-year Delaware

Colorado Energy Bill Results in Crestone Peak's Comprehensive Drilling Plan Hearing Being Tabled by the COGCC- Oil & Gas 360

Wattenberg: Boulder County Files for Dismissal of 8 North’s Additional Density Applications

December 8, 2017

Colorado county adjacent to Weld is fighting to stop oil and gas development on its side of the line In the Wattenberg field, Boulder County has filed motions to dismiss 8 North LLC’s applications for additional density, arguing that the COGCC cannot grant them when the drilling and spacing units have not yet been established and the authorized well for

As Local Control Enters the Wattenberg Field through the Back Door, Crestone Peak Fights Back

December 1, 2017

Crestone Peak sues Town of Erie to overturn new odor ordinance As oil and gas drilling gets closer to communities, residents are compelling elected leaders to set limits, using land-use and zoning codes to control industrial operations From the Longmont Times-Call Crestone Peak Resources filed a lawsuit Thursday in Weld County seeking to have Erie’s newly enacted odor ordinance ruled unconstitutional. The

Crestone Peak Winding Its Way through Colorado CDP Process in Preparation to Drill Assets on Boulder County Side of the Wattenberg

November 29, 2017

Second draft of Comprehensive Drilling Plan for Boulder County is posted for comment The second draft of the Crestone Peak Comprehensive Drilling Plan for its Boulder County assets has been reviewed by the Colorado Oil & Gas Conservation Commission (COGCC) and the commission posted the second draft (preliminary) Monday on its website. Crestone Peak’s objective is to develop its oil

Drilling the Western Side of the Wattenberg: Boulder County Commissioners Ask State to Deny Drilling Permits to Extraction Oil & Gas Subsidiary

October 20, 2017

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

Commissioners Warn Boulder County Residents that Oil Companies are Making Plans to Drill

September 15, 2017

Extraction’s 8 North LLC and Crestone Peak Resources have submitted drilling plans to the state to start developing Boulder County Wattenberg assets; commissioners “are very concerned” In a county that is host to a symposium this weekend called “Warrior Principle, Climate Action,” it is not a total surprise that the Boulder County Commissioners sent out a county-wide email this week

PetroShare Corp. Spools Up Activity in the Wattenberg

June 16, 2017

With a pure-play focus in the Niobrara and Codell formations in the Wattenberg field, PetroShare (ticker: PRHR) holds approximately 9,900 net acres in northeastern Colorado. Petroshare has divided its focus between its Todd Creek Farms acreage and its Buck Peak Prospect. Both locations target oil and gas—with the Buck Peak displaying potential for coal bed methane and conventional gas production.

Bill Barrett Corporation: Lower Debt, Longer Laterals

June 7, 2017

Bill Barrett Corporation (ticker: BBG) has built a core position in the Northeast Wattenberg field in Colorado’s Denver-Julesberg (DJ) Basin, where it holds 71,900 net acres. The company also has producing acreage within the Uinta Basin in Utah, numbering approximately 24,000 acres. Debt load 1/3 of what it once was Bill Barrett Corporation has steadily reduced net debt levels to

PDC Energy: Core Wattenberg Strong, Plenty of Upside in the Delaware

June 2, 2017

PDC: core strength in the core Wattenberg PDC Energy (ticker: PDCE) has a strong position in the Wattenberg field in the D-J basin, and it’s looking to further develop its acreage in the Delaware Basin. With 95,500 net acres in the Wattenberg and approximately 2,600 existing locations there, PDC has built a powerful foundation in Colorado. PDC has identified an additional 1,800

Edge of the Wattenberg: as Moratorium Expires Crestone Peak Attempts to bring Drilling Back to Boulder County

May 9, 2017

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

Federal Chemical Investigators to Examine Colorado Home Explosion Site, Gas Well

May 5, 2017

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

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