Denver-based independent PDC Energy Inc. has secured approval for its Kenosha Oil and Gas Development Plan (OGDP) in rural Weld County, CO.

Rocky Mtns. Avg. Price

The OGDP entails 69 wells on three pads, management said. The approval by the Colorado Oil and Gas Commission “marks an important next step as PDC further increases its permitted inventory by another rig year and solidifies drilling and completion activity well into 2024,” according to the Denver-based independent. 

PDC expects to soon have more than 550 permits and drilled but uncompleted (DUC) wells.

[Shale Daily: Including impactful news and transparent pricing for shale and unconventional plays across the U.S. and Canada, Shale Daily offers a clear snapshot of natural gas supplies for analysts, investors and global LNG buyers. © 2024 Natural Gas Intelligence. All rights reserved.

ISSN © 2577-9877  |  ISSN © 2158-8023  |