COGCC reduces request for additional oil production levies

 July 28, 2020

DENVER– The Colorado Oil and Gas Conservation Commission is scaling down its request to raise a fee on oil production from 1.7 mills to 1.5 mills next month. The Denver Post reports the revenue was meant to cover lost revenue from a drop-off in production due to the COVID-19 crisis, but lowered the request after … Continued

Weld oil production plunges 57% from March to April amid double-whammy on energy

 June 26, 2020

WELD COUNTY — Energy producers in Weld County shuttered thousands of wells and reduced the amount of oil they drew from the ground by almost 60% between the beginning of the coronavirus pandemic and the resulting global oil glut. The number of producing wells at  Colorado’s largest oil producers plummeted from 22,896 in March to … Continued

Bill Barrett Corp. oil production soars in Denver-Julesburg Basin

 August 6, 2015

Bill Barrett Corp. (NYSE: BBG) on Thursday was the latest major producer of oil and natural gas in Northern Colorado to turn in decreased revenue and increased losses despite booming production, thanks to crude prices that have tumbled back toward six-year lows in recent weeks. Denver-based Bill Barrett reported a net loss of $44.6 million, … Continued

D-J Basin oil production rose 40 percent in February despite low prices

 March 19, 2015

GREELEY – Oil production in the drilling region that includes Weld County increased 40 percent in February despite falling oil prices, according to Denver-based Bentek Energy. Production rose to an average 272,000 barrels per day last month from 194,000 barrels per day the same month last year, said Taylor Cavey, an energy analyst for Bentek’s … Continued

Weld County leads record oil production year for Colorado

 March 5, 2015

Colorado’s crude oil production hit a record 82.8 million barrels in 2014. The Denver Business Journal reported the milestone based on figures from the Colorado Oil and Gas Conservation Commission and noted that about 85 percent of the oil was produced in Weld County. The record figure eclipsed last year’s record mark of 65.3 million … Continued

It’s a record: 2013 oil production tops 64 ml barrels

 April 10, 2014

The final numbers are in: 64,080,425 million barrels of oil were produced in Colorado last year, breaking a record set by the oil industry in 1956, according to the Colorado Oil and Gas Conservation Commission. The oil production marked a 30-percent increase from the 49.3 million barrels oil in 2012. In 1956, the state saw … Continued

2013 record year for oil production in Colorado

 April 10, 2014

The final numbers are in: 64,080,425 million barrels of oil were produced in Colorado last year, breaking a record set by the oil industry in 1956, according to the Colorado Oil and Gas Conservation Commission. The record-breaking 2013 oil production marked a 30-percent increase from the 49.3 million barrels oil in 2012. In 1956, the … Continued

Niobrara oil production to increase in February

 January 13, 2014

Oil companies in the Niobrara will produce 290,000 barrels of oil per day per day in February, an increase of 6,000 barrels per day from the 284,000 barrels per day produced in January. Natural-gas production, meanwhile, will fall 33,000 cubic feet to 4.293 million cubic feet per day in February from 4.326 million cubic feet … Continued


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