State approves Noble Energy drilling plan in Weld County
DENVER — The Colorado Oil and Gas Commission voted this week to approve a plan by Noble Energy Inc. (NYSE: NBL) to drill new oil and gas wells across a 100-square-mile swath of unincorporated Weld County.
The plan allows the Houston-based operator to begin the process of drilling nearly 800 new wells east of Greeley. Noble would have six years of exclusive drilling rights in the area described in the plan.
Noble’s goal in developing the comprehensive drilling plan was to “maximize production and minimize environmental impacts and disturbance,” Jim Martin, an attorney with Denver-based…
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