Rockies ///

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 and New Mexico officials rescind the welcome mat for oil and gas

David Blackmon, Contributing Editor

Elected officials are doing their best to kill off the golden goose in two states that have benefitted mightily from the shale revolution.

Foothills Exploration provides update on 7,000-acre acquisition in Montana

Foothills Exploration, Inc., an independent oil and gas exploration company engaged in acquiring and developing oil and natural gas properties in the Rockies today provided an update on its proposed acquisition of 7,000 acres and 87 oil and gas wells in Montana.

‘Bridge to Nowhere’ leaves pent-up Permian gas problems unsolved

A major Mexican pipeline opened this week after almost two years of delays. That’s the good news for drillers across the border who are seeking an expanded market for natural gas siphoned from the pent-up Permian basin.

Wood provides construction and project management services in Niobrara

Wood is providing construction and project management services to Discovery DJ Services across a multi-phase installation of an oil and gas gathering system, and natural gas and liquid processing facility in the Niobrara shale region (DJ Basin) of Colorado.

Foothills Exploration reports successful completion, flow testing of horizontal well in Utah

Foothills Exploration, Inc., an independent oil and gas exploration company engaged in the acquisition and development of oil and gas properties in the Rockies, reported today the successful drilling, completion and flow testing of the Stagecoach 111-20H horizontal well, now producing natural gas in commercial quantities.

U.S. output builds on OPEC cutbacks, gas rides LNG expansion

Shale operators are increasing U.S. crude production in response to oil prices that are, so far, trending more favorably this year, due largely to decisions by OPEC and Russia to curb production.

Landowners, fracers in tense face-off in wake of Colorado blast

The fracing frenzy in Colorado is spurring a tense faceoff between shale drillers in the region and residents seeking a better handle on the dangers in their own backyards after a killer pipeline explosion last year.

Noble Energy signs agreement to divest 30,200 'non-core' acres in DJ basin

Noble Energy, Inc. has announced that it has signed a definitive agreement with SRC Energy Inc. to divest approximately 30,200 net acres from the company's non-core DJ basin position in Weld County, Colo. .

Gardner Denver onshore drilling program poised for growth in the Rockies

Gardner Denver Petroleum & Industrial Pumps (P&IP), the only total solutions provider to the drilling, well servicing and frac pumps market, has announced a significant sale of PXL2000HP drilling pumps to an industry-leading contract driller located in the Rocky Mountain region.

Colorado Petroleum Council responds to Gov. Hickenlooper's safety proposals

Colorado Petroleum Council (CPC) today released a statement in response to Gov. Hickenlooper’s proposals on industry safety.

U.S. operators are teed up for a drilling resurgence

Alex Endress, Craig Fleming, Kurt Abraham, World Oil

Drilling activity is noticeably higher, as American drillers climb out from historically low levels.

Foothills Exploration announces acquisiton of Uinta-Piceance basin assets

Foothills Exploration, Inc., an independent oil and gas exploration company engaged in the acquisition and development of oil and gas properties in the Rockies, today announced that it has entered into a purchase and sale agreement with an undisclosed seller.

Crestline acquires DJ basin assets from Double Eagle

CL Energy Opportunity Fund, a fund managed by Crestline Investors, has announced the acquisition of the non-operating working interests in the DJ basin of Colorado from Double Eagle Energy Rockies LLC, an affiliate of Double Eagle Energy Holdings II LLC, a Fort Worth-based E&P company.

Extraction Oil & Gas closes DJ basin acquisitions

Extraction Oil & Gas, an E&P company with primary assets in Wattenberg field in the Denver-Julesburg basin of Colorado, has closed two separate transactions to acquire approximately 16,800 net acres in the DJ basin for an aggregate cash consideration of $177 million.

Operators in Colorado dodge $10 billion-a-year threat to output

Oil and natural gas explorers from Anadarko Petroleum Corp. to Synergy Resources Corp. have escaped a vote in Colorado that would’ve limited drilling and threatened to halt about $10 billion worth of oil and natural gas production a year.

Executive viewpoint

John C. Tobin, Natural Resources Education Program

Well, good luck with that

Bill Barrett Corp. to resume DJ basin development campaign

Bill Barrett Corporation will resume its extended reach lateral (XRL) development program in the Denver-Julesburg (DJ) basin during the third quarter of 2016, the company said Monday.

Memorial Production Partners sells non-core properties in Permian, Rockies

Memorial Production Partners (MEMP) has closed a transaction to sell certain assets in the Permian basin for a cash consideration of approximately $37.4 million.