The proposed Jordan Cove liquefied natural gas (LNG) export project in Oregon got a boost from lawmakers Friday during a House committee field hearing in Colorado, which includes the natural gas-rich Piceance Basin.
Articles from Piceance
State agencies in Colorado and Utah are partnering with Colorado Mesa University (CMU) on a $117,000 report to help the states promote both at home and abroad the natural gas produced in the Piceance and Uintah basins.
Encana Corp. on Friday agreed to sell its natural gas assets in Colorado’s Piceance Basin, including 550,000 net acres and 3,100 operated wells to Denver-based Caerus Oil and Gas LLC in a deal valued at $735 million.
The U.S. Bureau of Land Management (BLM) on Monday launched a public comment period for a proposed oil and natural gas leasing sale in December that covers 28 parcels in northwestern Colorado within the Piceance Basin.
Encana Corp. is gaining more control over its capital spending in Colorado’s Piceance Basin after agreeing to sell a 49% stake in its southern operations to steelmaker and long-time partner Nucor Corp., a spokesman told NGI’s Shale Dailyon Tuesday.
The story “Citadel Buys WPX NatGas Transport Agreements in Piceance” was incorrect (see Shale Daily, May 26). WPX bought out the remaining transportation obligations supporting its former Piceance Basin operations and released the firm capacity to Citadel NGPE LLC. NGI regrets the error.
Natural gas-heavy WPX Energy Inc. is selling its Piceance Basin properties in Colorado to a recently formed independent for $910 million, solidifying its decision to focus less on gas and more on its oily portfolio in the onshore.
Rapid City, SD-based Black Hills Corp. is staying “very focused” on its oil/natural gas assets, despite reporting more red ink in that sector.