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Tag Archives: DJ Basin

Colorado oil and gas spill report for Nov. 23

The following spills were reported to the Colorado Oil and Gas Conservation Commission in the past two weeks. Information is based on Form 19, which operators must fill out detailing the leakage/spill events. Any spill release that may impact waters of the state must be reported as soon as practical. Any spill of five barrels or more must be reported ...

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Colorado Oil and Gas Conservation Commission hearing testimony regarding new rules

DENVER — Opponents of new rules governing the oil and gas industry’s siting of wells in urban areas and transparency with local government came out in force on both sides of the issue this morning. The Colorado Oil and Gas Conservation Commission heard from several residents and industry representatives, all concerned about the consequences of such rules, which were debated ...

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Scientists: Colorado water safe to drink despite drilling

FORT COLLINS, Colo. — Scientists at Colorado State University say there’s little evidence that drinking water has been contaminated by oil and gas drilling in the northeastern part of the state. The Coloradoan reports that civil and environment engineering professor Ken Carlson led studies analyzing the impact of oil and gas drilling on groundwater in the 6,700-square-mile Denver-Julesburg Basin. More ...

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Noble Energy, Weld County’s second largest oil and gas producer, reports $283 million third-quarter loss

Noble Energy on Monday reported a third-quarter loss of $283 million. “Noble Energy delivered tremendous performance in the third quarter,” said David Stover, Noble Energy’s chairman, president and CEO in a news release. “This was highlighted by material reductions in our quarterly capital and controllable unit costs, which were driven by continued operational efficiency gains throughout the business.” The news ...

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Encana selling holdings in Colorado’s DJ Basin

DENVER— Encana Corp. is selling some once prized oil and gas holdings in Colorado. The Canadian company announced Thursday that its U.S. subsidiary has reached a deal to sell its assets in the oil-rich Denver Julesburg Basin to a partnership headed by the Canada Pension Plan Investment Board. It says the sale, which is subject to regulatory approval, is worth ...

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Noble can take a hit and keep on thriving

Houston-based oil and gas powerhouse Noble Energy suffered a hefty loss of $109 million in the second quarter, but the hit didn’t seem to shake David Stover, the company’s chairman, president and CEO. “We have the financial strength to navigate through a volatile market and take advantage of opportunities,” Stover told FuelFix. “All oil and natural gas companies are facing ...

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Wyoming: hotspot for Chinese investments

In a recent study from the Rhodium Group and National Committee on US-China Relations, China appears to be pouring significant commercial investment into the United States—a stark contrast in roles for both countries since the 1980s. Chinese firms spent nearly $46 billion in foreign direct investments (FDI), which the study says bolsters the U.S. “growth, employment, competitiveness, and innovation.” As ...

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