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Tag Archives: Niobrara

Platteville Energy Park: A ‘worthwhile endeavor’ at a bit of a standstill

The impacts of oil and gas companies slashing spending has been far-reaching in Weld County, and local developers, once benefiting from growing businesses in need of additional industrial space, are falling victim to the decline in the price of oil. After two years of planning, progress began heating up for Terry Wiedeman’s 77-acre Platteville Energy Park during the fall of ...

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Energy Pipeline: Amid slowdown, Weld County production climbs, and could continue

Crude production in Colorado’s top county has gone off the charts since 2011, and three years laster it’s still not disappointing. While production numbers are always a few months behind, solid counts through October show Weld County’s 2014 oil production up almost 10 percent from the previous year, and expanding to 83 percent of the state’s oil output, according to ...

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Water disposal thrives amid oil slump

Though waste water management is an often overlooked component of oil and gas operations, Community Radio for Northern Colorado reports that it’s a field on the rise. Wastewater disposal accounts for a significant portion of production expenses; Bluefield Research, a water consulting firm, reports that American frackers spent more than $6 billion on water management in 2014. T-Rex Oil intends ...

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Rig count trends among major U.S. shale plays

The slide in oil prices recently has been causing a noticeable trend with the amount of rigs accounted for among various shale plays throughout the United States. In fact, over the past three weeks, rig counts have seen substantial declines with over 90 rigs being shut down, according to Baker Hughes. Which raises the question. Which of the major shale ...

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McAda breaks ground on new facility in Fort Lupton

In an effort to provide faster service and greater efficiency for oil and gas operators across the Niobrara region, Texas-based McAda Fluids Heating has broken ground on a new 10-acre facility near Fort Lupton, Colorado. The beautiful city of Fort Lupton lies 30 miles northeast of Denver. The new facility is expected to allow McAda to provide the growing oil ...

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Synergy’s growth allows for more acquisitions

The recent dip in crude prices is helping a local exploration and production company acquire more acreage on which to drill in Weld County. Officials from Platteville-based Synergy Resources said falling crude prices only positioned them to acquire more acreage — and they proved it days later, announcing they had acquired 17 horizontal wells, 73 operated vertical wells, 11 non-operated ...

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Natural gas, oil production projections for December

Natural gas production amongst the top shale plays in the United States will continue to rise through the end of the year, according to the Energy Information Administration (EIA). Oil production is also predicted to be on the rise. Leading the way in natural gas production is the Marcellus Shale play. According to the EIA’s latest Drilling Productivity Report (DPR), ...

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Production surge paves way for major policy decisions

canola rig

Domestic crude production from the nation’s shale plays in the Permian Basin, Eagle Ford, Bakken and Niobrara are growing even faster than even optimistic projections expected. “By virtue of CAFE (Corporate Average Fuel Economy) standards and other efficiencies and the growth of U.S. production, we have a path to petroleum flexibility,” said Tom Petrie, chairman of Petrie Partners LLC. Saying ...

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