All Posts Tagged With: "Niobrara County"
Casper’s oil-driven economic activity and abundance is the kind that Greeley and Weld County in northern Colorado hope to see in the years ahead. Thanks to the emerging boom in the Niobrara shale formation, the region already is seeing lower county property taxes, added employment, revitalized roads and additional education funding.2Apr2012 | admin | 0 comments | Continued
France energy giant Total SA is joining the domestic shale rush with a $2.3 billion investment in Chesapeake Energy. Meanwhile, China Petrochemical Corp. is ponying up $2.5 billion in a joint venture with Devon Energy to explore oil and gas projects from the Niobrara in Colorado to the Tuscaloosa Marine shale in Alabama and Mississippi.5Jan2012 | admin | 0 comments | Continued
“You want to get as much data as possible so you don’t drill a $3 million to $4 million dry hole,” he said. “My expectation is (the companies) want to have another tool of using that additional science to have a better opportunity to drill a productive well.”18Jul2011 | admin | 0 comments | Continued
Cnooc Ltd., the country’s biggest oil and natural gas producer, is purchasing a one-third interest in Chesapeake Energy Corp.’s 800,000 leased acres in the Powder River Basin of southeast Wyoming and the Denver-Julesburg (DJ) Basin in Colorado.31Jan2011 | admin | 2 comments | Continued