Dj/Niobrara

Articles from Dj/Niobrara

DJ Basin’s Future King Civitas Looking to Complete Extraction, Crestone Mergers Before Year’s End

Colorado’s biggest oil and gas producer appears on track to complete its dominance of the Denver-Julesburg (DJ) Basin before year’s end, the CEO of Bonanza Creek Energy Inc., soon to be Civitas Resources Inc., said earlier this month. CEO Eric Greager held court during a conference call to discuss the Denver-based independent’s second quarter results.…

August 19, 2021

E&P

Permian Smacks Down ‘Snowvid’ as More Completion Crews Go to Work

The active number of U.S. fracture spreads jumped nearly 15% month/month in February, driven by strength in the Permian Basin, even as “Snowvid” shut in wells and sent crews packing, according to Tudor, Pickering, Holt & Co. (TPH). Data compiled by TPH indicated that oilfield services (OFS) operators increased the number of crews working in…

March 4, 2021

Regulatory

Oil, Gas Permitting Slumped Across Lower 48 in December

Capital discipline appeared to creep into the U.S. drilling permit count at the end of 2019, with slumping activity during December seen across the Lower 48, according to data compiled by Evercore ISI.

January 16, 2020

E&P

U.S. Natural Gas Permitting Said ‘Surprisingly Healthy’ in July

Lower 48 permitting for natural gas wells of late have confounded the bearish headlines, while activity in the oil plays has fallen, according to data compiled by Evercore ISI.

August 13, 2019