Another attempt to phase out natural gas and oil drilling in Colorado is ramping up, but it’s unlikely to advance, Civitas Resources Inc. CEO Christopher Doyle said Wednesday.Doyle helmed a conference call with analysts to discuss fourth quarter results and the outlook for 2024. Most of the discussion centered on the Denver-Julesburg (DJ) Basin in…
Dj Basin
Articles from Dj Basin
PDC to Expand DJ Oil, Gas Development Following Approval by Colorado Regulators
Denver-based independent PDC Energy Inc. said state regulators have unanimously approved a drilling plan in Weld County to include about 450 oil and natural gas wells. PDC’s Guanella Comprehensive Area Plan (CAP) in the Denver-Julesburg (DJ) Basin was given the green light earlier this month by the Colorado Oil and Gas Conservation Commission (COGCC). The…
December 16, 2022
Colorado’s DJ Basin Leads Weekly Gains as U.S. Drilling Activity Rises
Bolstered by activity gains in the Denver Julesburg (DJ)-Niobrara Basin, the U.S. rig count rose two units to reach 771 for the week ended Friday (Oct. 21), according to the latest tally from oilfield services provider Baker Hughes Co. (BKR). Net changes domestically included a two-rig increase in oil-directed drilling, with natural gas-directed drilling unchanged…
October 21, 2022
Summit Midstream Tripling Natural Gas Processing Footprint in Colorado’s DJ with $305M in Deals
Summit Midstream Partners LP has agreed to acquire Outrigger DJ Midstream LLC and the operating subsidiaries of Sterling Energy Investments LLC for about $305 million total in cash to expand in Colorado. The Outrigger DJ assets in Weld County, CO, within the Denver-Julesburg (DJ) Basin, comprise a 60 MMcf/d cryogenic natural gas processing plant, about…
October 19, 2022
Bayswater Secures Funding for 63 Horizontal Wells In Colorado’s DJ Basin
Bayswater Exploration and Production LLC is partnering with YTEF Drilling LLC to share costs in up to 63 horizontal oil and gas wells the Wattenberg field in Colorado’s Denver-Julesburg (DJ) Basin.
December 11, 2019
DJ, PRB Infrastructure Expanding as Natural Gas, Oil Production Increases
With natural gas production topping 5 Bcf/d in the Niobrara formation of the Rocky Mountains, including the Powder River Basin (PRB) of Wyoming and the Denver-Julesburg (DJ) Basin of Colorado, the region is becoming a new center for infrastructure build-out.
November 15, 2018
Noble Postpones Launch of DJ Basin Midstream MLP
Just a week after announcing that it would launch a public offering of shares in a new limited partnership with interests in some of its Denver-Julesburg (DJ) Basin crude oil, natural gas and water-related midstream services, Noble Midstream Partners LP has postponed it.
November 23, 2015
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