Wattenberg

Synergy Resources Corp. is adding 33,100 net acres in the heart of the natural gas-rich Wattenberg field of Colorado in separate transactions with Noble Energy Inc. worth $505 million.

PDC Energy Inc. will continue its focus on the Wattenberg formation heading into next year, devoting most of its 2016 capital budget to exploration and production (E&P) activity in the Colorado play, the company said Monday.

Anadarko Petroleum Corp., it would appear, followed the advice…

Anadarko Petroleum Corp., it would appear, followed the advice (in more ways than one) of Ralph Waldo Emerson, who said, “Fractures well cured make us more strong.” Faced with low commodity prices, the super independent turned to better drilling, improving efficiencies and output across the board while lowering costs during the first quarter.

Bonanza Creek Energy Inc. has doubled its acreage in the Wattenberg field in Colorado to more than 70,000 net acres for a leasehold producing 700 boe/d net, 85% weighted to oil.

Anadarko Petroleum Corp. plans to spend 60% of its 2014 capital budget — $8.1-8.5 billion — in the U.S. onshore, particularly the No. 1 asset, Colorado’s Wattenberg field, the company said Tuesday.

Anadarko Petroleum Corp. achieved record U.S. onshore sales volumes in the final three months of 2013, delivering 609,000 boe/d, including better-than-expected oil output from Colorado’s Wattenberg field and Eagle Ford Shale, and from higher natural gas growth in the Haynesville and Marcellus shales.

PDC Energy Inc. increased its capital expenditure budget (capex) for 2014 to $647 million as it prepares to target core acreage in Colorado’s Wattenberg field and Ohio’s Utica Shale in an effort to boost its liquids mix to 60%.

Anadarko Petroleum Corp. and Noble Energy Inc. have swapped a combined 100,000 net acres in the Greater Wattenberg Field in northern Colorado, leaving both companies with more contiguous acreage positions in the liquids-rich play.