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…

More Oil With Less Drilling Rigs

According to a recent Bloomberg story: “In June 2014, the U.S. pumped 8.4 million barrels of crude using 1,545 drilling rigs. Last month, it produced about 12.2 million barrels, 45%…

drilling rig

The Second largest oil-producing state? North Dakota

Texas is by far the largest oil-producing state in the United States, but number two? North Dakota, Is the nation’s second-largest oil-producing state, Produced 1.42 million barrels of oil per…

A Fracking slowdown in the Denver-Julesburg Basin?

New anti-fracking laws are having an effect in new investment and fracking in the Denver-Julesburg Basin that’s according to industry insiders, The resulting uncertainty over how local authorities will use…

Drilling is down but Production levels are up

Working oil rigs fell by 20 this week to 805, according to data released Friday by oilfield-services provider Baker Hughes. Companies have boosted activity just twice in the past 10…

Colorado House passes big anti oil & gas bill

The oil and gas bill is nearing final approval. Here’s a look at the concessions the industry won. The much-contested legislation to revamp regulation of oil and gas drilling in…