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Tag Archives: DJ Basin

Bonanza Creek Energy Appoints New CEO

Bonanza Creek Energy, Inc. announced the hiring of Eric T. Greager as Chief Executive Officer. Mr. Greager’s appointment as President and Chief Executive Officer will take effect on April 11, 2018. Greager, 47, will be assuming the role from R. Seth Bullock, a managing director of Alvarez & Marsal, who has served as the Company’s interim Chief Executive Officer since ...

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Governor, industry urge cautious hand in regulating oil and gas

oil and gas moratorium, Boulder County

DENVER (AP) — Collaboration and negotiation allowed Colorado to draw up oil and gas regulations that protect the public and the environment while encouraging a lucrative state industry, the governor and the president of an industry group say. Gov. John Hickenlooper and American Petroleum Institute President Jack Gerard talked Thursday about regulation, the future of the industry and the possibility ...

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Governor, industry urge cautious hand in regulating oil, gas

rig count

DENVER (AP) — Collaboration and negotiation allowed Colorado to draw up oil and gas regulations that protect the public and the environment while encouraging a lucrative state industry, the governor and the president of an industry group say. Gov. John Hickenlooper and American Petroleum Institute President Jack Gerard talked Thursday about regulation, the future of the industry and the possibility ...

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Colorado’s battle over tax limits could shape future growth

In this Saturday, Aug. 8, 2015, photograph taken near Idaho Springs, Colo., traffic flows through one of the newly-reconstructed twin tunnels along Interstate 70. Voter-sanctioned tax limits are threatening the state's growth, which depends on a functioning road system that has become crippled under the burden of an expanding population in recent years. (AP Photo/David Zalubowski)

DENVER (AP) — By 2030, Colorado’s population will grow from 5 million to 7 million people, thanks in part to a strong and diverse economy, the state’s famed Rocky Mountain quality of life, and its constitutionally-mandated low taxes. And because of those voter-sanctioned tax limits, this fast-growing state could someday fall victim to its own success. The contradiction is most ...

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Colorado regulators trying to finalize new oil, gas rules

DENVER — Colorado regulators are trying to finalize new rules intended to give local governments a limited say in where large oil and gas facilities are located. The state Oil and Gas Conservation Commission was holding its fourth day of hearings Monday on the proposals. Previous sessions were held last year. The commission is considering two rules that would allow ...

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Report: Wyoming hit hard by oil and gas slowdown

oil and gas pumpjack operates in the Niobrara formation in Wyoming

CHEYENNE — Wyoming’s energy extraction sector took a beating in the third quarter of 2015, thanks to the continued drop in global oil and natural gas prices. That’s among the conclusions drawn in a report released recently by the state’s Economic Analysis Division. Principal economist Wenlin Liu said that, compared to the third quarter of 2014, mining sector jobs — ...

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Weld County’s top oil, gas exploration companies reporting increased fourth-quarter production

Oil and gas drilling rig operating in Colorado's Denver-Julesburg Basin. (Image courtesy of Ecana Corp.)

Weld County’s two largest oil and gas drillers have updated their production levels for the last few months of the year, noting increased drilling efficiencies without spending more money. Both Anadarko Petroleum and Noble Energy — which together account for most of Weld’s production — this month have issued updates to production reports for the fourth quarter, as crews have ...

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Wyoming among 4 states with shrinking economy

Wyoming's state economy is shrinking

CASPER, Wyo. — Wyoming’s economy, which relies heavily on the mineral extraction industry, contracted during the first half of this year, according to federal statistics. The state’s gross domestic product shrank 2.3 percent in the second quarter after a 6.1 percent drop during the first three months of the year, data from the U.S. Bureau of Economic Analysis shows. “That ...

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