Rockies
News
January 23, 2025
Ovintiv Inc. today closed the previously announced all cash sale of substantially all its Uinta assets, located in Utah, to FourPoint Resources, LLC, for approximately $2 billion. Selling its Utah assets frees up Ovintiv to focus on the Permian basin.
News
June 26, 2024
Caerus aims to be “the Rocky Mountain region’s most efficient producer,” according to its website. The company operates more than 7,400 wells in the Piceance Basin in Colorado and Uinta Basin in Utah. It also has infrastructure assets including 2,400 miles of gas and water pipelines and a number of water treatment and storage facilities.
News
February 28, 2024
Approximately 60% of total investments are planned to be allocated to the Permian basin, with the remainder to the DJ basin. Civitas expects to drill and complete 130 to 150 gross wells in the Permian basin and 90 to 110 gross wells in the DJ basin.
News
November 01, 2023
The wells will provide a significant near-term production boost and are expected to generate substantial cashflows for the company, which can be reinvested into the development of its project in the Paradox basin, Utah.
News
January 04, 2023
With these transactions, ProFrac has expanded its geographic footprint to include the Rockies and Bakken, and increased its pressure pumping and manufacturing presence in the Northeast.
News
November 21, 2022
Zephyr Energy Plc, the Rocky Mountain oil and gas company focused on responsible resource development and carbon-neutral operations, announced on Monday that drilling operations have commenced on the State 36-2 LNW-CC well at its flagship project in the Paradox Basin, Utah.
Article
September 2020
The catastrophic demand decline initiated by coronavirus lockdowns significantly damaged the U.S. oil industry, with oversupply, historically low storage capacity, and low prices. Operators responded by stacking rigs and shutting-in production.
News
October 10, 2019
Halliburton is reducing its workforce in the Rockies as the biggest oilfield service contractor to announce job cuts grapples with a protracted spending slump in the shale patch.
Article
July 2019
Elected officials are doing their best to kill off the golden goose in two states that have benefitted mightily from the shale revolution.
Article
February 2018
Shale operators are increasing U.S. crude production in response to oil prices that are, so far, trending more favorably this year, due largely to decisions by OPEC and Russia to curb production.
News
November 09, 2017
Noble Energy, Inc. has announced that it has signed a definitive agreement with SRC Energy Inc. to divest approximately 30,200 net acres from the company's non-core DJ basin position in Weld County, Colo. .
News
October 17, 2017
Gardner Denver Petroleum & Industrial Pumps (P&IP), the only total solutions provider to the drilling, well servicing and frac pumps market, has announced a significant sale of PXL2000HP drilling pumps to an industry-leading contract driller located in the Rocky Mountain region.
News
August 22, 2017
Colorado Petroleum Council (CPC) today released a statement in response to Gov. Hickenlooper’s proposals on industry safety.
Article
August 2017
Drilling activity is noticeably higher, as American drillers climb out from historically low levels.
News
May 11, 2017
Foothills Exploration, Inc., an independent oil and gas exploration company engaged in the acquisition and development of oil and gas properties in the Rockies, today announced that it has entered into a purchase and sale agreement with an undisclosed seller.
News
December 21, 2016
CL Energy Opportunity Fund, a fund managed by Crestline Investors, has announced the acquisition of the non-operating working interests in the DJ basin of Colorado from Double Eagle Energy Rockies LLC, an affiliate of Double Eagle Energy Holdings II LLC, a Fort Worth-based E&P company.
News
December 13, 2016
Extraction Oil & Gas, an E&P company with primary assets in Wattenberg field in the Denver-Julesburg basin of Colorado, has closed two separate transactions to acquire approximately 16,800 net acres in the DJ basin for an aggregate cash consideration of $177 million.
News
August 29, 2016
Oil and natural gas explorers from Anadarko Petroleum Corp. to Synergy Resources Corp. have escaped a vote in Colorado that would’ve limited drilling and threatened to halt about $10 billion worth of oil and natural gas production a year.
Article
August 2016
Well, good luck with that
News
August 15, 2016
Bill Barrett Corporation will resume its extended reach lateral (XRL) development program in the Denver-Julesburg (DJ) basin during the third quarter of 2016, the company said Monday.
News
June 21, 2016
Memorial Production Partners (MEMP) has closed a transaction to sell certain assets in the Permian basin for a cash consideration of approximately $37.4 million.
