Niobrara

Carrizo Niobrara Pilot Proving Worthwhile With Early Downspacing Success

Carrizo Niobrara Pilot Proving Worthwhile With Early Downspacing Success

Carrizo Oil & Gas Inc. on Wednesday reported more positive downspacing results from its program in the Niobrara Shale at the company’s Bringelson Ranch area in northeast Colorado’s Weld County, saying an eight well multi-bench pilot had averaged a peak initial production (IP) rate of 1,021 boe/d.

June 19, 2014

WPX Raises Capex 20% to Boost Onshore Oil Output

WPX Energy Inc.’s remarkable results from natural gas drilling in the Piceance Basin will play second fiddle to oil targets this year as the Tulsa producer attempts to right its financial performance, the CEO said Tuesday.

February 11, 2014
North Dakota Set for More Records in New Year

North Dakota Set for More Records in New Year

The new year in North Dakota looks like it will be another record-breaker in terms of oil and natural gas production levels, along with a few surprises that may include adding another shale formation to the prolific Bakken/Three Forks plays.

December 31, 2013

WPX Contemplating Piceance MLP

WPX Energy Inc., which of late has been drilling some of the most prolific natural gas wells in Colorado, said it plans to spin off some of its mature, producing properties in the Piceance Basin through a master limited partnership (MLP).

November 15, 2013
Eagle Ford, Lower 48 Shales, Continue to ‘Excite’ ConocoPhillips

Eagle Ford, Lower 48 Shales, Continue to ‘Excite’ ConocoPhillips

ConocoPhillips executives said most of the company’s production growth during 3Q2013 came from shale plays in the Lower 48 — especially the Eagle Ford and the Bakken — and predicted “significant growth and very high margin growth” from the Eagle Ford for several more years.

November 4, 2013

Symposium: Shale Global Game-Changer, but States Still Concerned

While globally the U.S. shale development for oil and natural gas has been a game-changer, concerns about hydraulic fracturing (fracking) on a local level are threatening to sidetrack the domestic energy boom in places like Wyoming and Colorado, according to industry speakers at a symposium in Denver Thursday hosted by the law firm of BakerHostetler.

September 18, 2013
S&P: Any of Several Plays Could Be Next Eagle Ford

S&P: Any of Several Plays Could Be Next Eagle Ford

Liquids-rich and oil plays have clearly won the hearts and dollars of North American producers. The Eagle Ford and Bakken shales are stars now, but several others are poised to join or possibly eclipse them, according to a recent note by Standard & Poor’s Ratings Services (S&P).

August 27, 2013

Producers See Equity Heating Up, ‘Vigorous’ Enthusiasm for Permian

Exploration and production (E&P) companies remain enthusiastic about the U.S. onshore, in particular the Permian Basin, Niobrara formation, Utica Shale and the Tuscaloosa Marine Shale (TMS), based on observations at the recent EnerCom Consulting oil and natural gas conference, said two analyst teams who were there. However, Marcellus Shale pricing appears to be a “real concern for the buyside.”

August 20, 2013

Shell Markets Colorado Leasehold in Niobrara

Royal Dutch Shell plc, which earlier this month launched a review of its entire North American portfolio, is selling some of its operations in northwestern Colorado’s Niobrara formation, according to a spokeswoman.

August 14, 2013
Permian Oil Propels Devon to Record Average Daily Production

Permian Oil Propels Devon to Record Average Daily Production

Strong growth in oil production — especially in the Permian Basin — propelled Devon Energy Corp. to record the highest average daily production rate in its history during the second quarter of 2013, as the company also saw positive test results in the Woodford Shale.

August 9, 2013