Extraction Oil & Gas in Colorado

Extraction Oil & Gas operates in the Greater Wattenberg Field of Colorado’s Denver-Julesburg (DJ) Basin, targeting the development of the Codell and Niobrara formations. The Colorado oil firm erects sound…

Drilling permits are down 60% in Colorado

Five months after the new anti frac law took effect, drilling permits are down 60% from the last decade average, one operator has declared bankruptcy, and 10 local communities have…

The Drilling struggles and improvements

The drilling industry has seen a significant slowdown in the last quarter. With WTI Crude price struggling to stay above the $60 per barrel, drilling companies are experiencing a slow…