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Tag Archives: Niobrara

Hickenlooper addresses energy production in State of the State address

Hickenlooper, Colorado energy

Colorado Gov. John Hickenlooper’s sang the praises of energy production in his State of the State address Thursday. Hickenlooper was focused on economic growth and the ability of the state’s businesses to compete equally on the global stage, with specific mention of rural incentives and job training as imperative to keeping up with the rest of the world. However, when it ...

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Top 5 Niobrara stories of the week

pumpjack

In case you missed them, here are the top five stories from Niobrarachalk.com for the week of August 22nd through August 29th. Enjoy! 5. 7 gifs from the oil field that prove even Joe Pesci couldn’t do the job Without question, the oil and gas industry ranks among of the most tiring, intense and sometimes, dangerous fields of work. Flammable explosives ...

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Twin Eagle acquisition of Eagle Ford system finalized

Last Thursday, Twin Eagle Resource Management, LLC announced the acquisition of a 100 percent interest in a 42-mile crude oil gathering system pipeline in the Eagle Ford shale region. According to a press release, the StarMex Big Wells, LLC, gathering system connects to the major long-haul pipelines in the Gardendale area. Positioned in the most fruitful part of the Eagle ...

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EIA productivity report: Niobrara oil production falls with U.S. trend

Although the U.S. shale revolution has maintained impressive momentum over the course of the last year, depressed oil prices have taken their toll. The Energy Information Administration released its monthly drilling productivity report this week, and it has confirmed what many industry experts saw coming. With the exception of the Permian Basin, the U.S. has seen a drop in oil ...

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Company files for bankruptcy as production slows

Colorado’s oil and gas glut might soon taper off, The Denver Business Journal reports. For last few years, the state’s energy boom triggered a steep hike in oil and gas production, but cheap oil and waves of budget and workforce cuts may finally slow production. The U.S. Energy Information Administration expects Niobrara’s oil production to sustain a 16,000-barrel-per-day drop in ...

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U.S. shale boom nears turning point: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON – Oil production from major U.S. shale plays will decline by almost 60,000 barrels per day between April and May according to new estimates from the Energy Information Administration. Production is expected to decline in the Bakken, Niobrara and Eagle Ford plays next month. Only the ...

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Niobrara Shale: Alive and well, analysts say

The Bakken and Niobrara Shale formations are alive and well, for the most part. At last week’s DUG Bakken and Niobrara conference, analysts were present to talk with industry leaders and relayed some of the annual event’s key takeaways to The Akron Beacon Journal. Market analysts Tim Rezvan and Truman Hobbs from Sterne Agee, one of the oldest and largest ...

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