WorldOil U.S. exported more oil than Saudi Arabia in June The U.S. briefly became the world’s No. 1 oil exporter as record shale production found its way to global customers, and there are prospects for more. Indianola Energy upstream strategy earns $100 million equity commitment The company announced a $100 million equity commitment to pursue a new upstream strategy, designed to provide both capital and an execution team to help producers accelerate value on undeveloped acreage in highly-proven resource plays across North America. Colorado’s PDC Energy said to be in merger talks with rival SRC Energy PDC Energy is in talks to combine with rival explorer SRC Energy, in a potential deal that would create a larger oil and gas player in Colorado, according to people familiar with the matter. Colorado and New Mexico officials rescind the welcome mat for oil and gas Elected officials are doing their best to kill off the golden goose in two states that have benefitted mightily from the shale revolution. Oil and gas in the capitals Colorado’s calamity Colorado Petroleum Council responds to Senate Bill 181 being signed into law Governor Jared Polis signed Senate Bill 181 into law. Governor Polis’ signature follows the measure’s passage through the Colorado legislature on April 3, 2019. Colorado oil industry gets overhaul by regulators Colorado’s legislature passed a sweeping overhaul of the state’s oil and natural gas laws, giving local governments more power to regulate drilling in one of the nation’s top crude-producing regions. Navigation Powder River uncovers record well result in the Powder River basin Navigation Powder River, sponsored by certain investment funds managed by Juniper Capital Advisors, L.P., has announced record initial production from the Jacob Federal 1-42-73-3H well in the Powder River basin (PRB). Colorado's SB181 advances to House The House Finance Committee voted along party lines Monday night as Democrats advanced Senate Bill 181 to the House Appropriations Committee. Denver's Adams County approves moratorium due to SB 181 Despite an overwhelming public response from Adams County residents who spoke out against a temporary ban on oil and natural gas permits, Adams County Commissioners voted 5-0 to approve a new six-month moratorium.