Denver-Julesburg/Niobrara

Bonanza Creek, Highpoint Lift DJ Basin Volumes, Rein in Capex Amid Price Pressures

Bonanza Creek, Highpoint Lift DJ Basin Volumes, Rein in Capex Amid Price Pressures

A pair of prominent oil and gas companies active in the Denver-Julesburg Basin (DJ) are keeping capital expenditures (capex) in check while posting modest upticks in sales volumes. Bonanza Creek Energy Inc. and Highpoint Resources Corp., both based in Denver, reported substantial second-quarter losses, however, dinged by lower sales prices in the wake of the…

August 11, 2020
Colorado Governor’s Call for Energy Industry Collaboration Praised by PDC

Colorado Governor’s Call for Energy Industry Collaboration Praised by PDC

Colorado’s natural gas and oil industry has faced pressure from all sides in recent years, reviled by landowners and litigated by environmental groups, but Gov. Jared Polis has shown he can compromise, PDC Energy Inc. executives said last week. CEO Bart Brookman discussed second quarter results in a wide ranging conference call that hit on…

August 10, 2020
North America Likely Taking Biggest Hit from Pullback in Global Oil, Gas Drilling

North America Likely Taking Biggest Hit from Pullback in Global Oil, Gas Drilling

The number of oil and natural gas wells likely to be drilled around the world this year is forecast to hit its lowest level since at least the early 2000s, with North America the most impacted from slumping demand in the age of Covid-19. An analysis by Rystad Energy issued on Tuesday pegged the number…

July 14, 2020
Noble Bringing Back Curtailed U.S. Oil Volumes, Expanding NatGas Export Capacity Overseas

Noble Bringing Back Curtailed U.S. Oil Volumes, Expanding NatGas Export Capacity Overseas

Noble Energy Inc. said Thursday the bulk of its shut-in U.S. oil and gas production would be brought back online in the coming weeks.  Noble, whose vast U.S. portfolio extends across Texas and Colorado, said its second quarter curtailments totaled 11,000 b/d of oil. But “significant improvements in operating costs and netback pricing” will allow…

July 9, 2020
Noble Energy Adding One Rig to DJ, One to Delaware

Noble Energy Adding One Rig to DJ, One to Delaware

Noble Energy Inc. is adding two rigs to its Texas operations in the final three months of the year, one in Eagle Ford Shale and another in the Permian Basin’s Delaware formation, following strong production growth in the third quarter.

November 2, 2016

Tallgrass Interstate Gets OK to Convert Segment to Crude

FERC Thursday approved Tallgrass Interstate Gas Transmission LLC’s (previously Kinder Morgan Interstate Gas Transmission LLC) proposal to sell a 432-mile mainline segment to affiliate Tallgrass Pony Express for the purpose of converting it to transport crude oil from the Bakken and Denver-Julesburg/Niobrara shales.

September 16, 2013
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