DJ Basin


All posts for DJ Basin

MERCO Announces New Leadership with Brett A. Murray as COO/President

PHOENIX, May 27th, 2020/PRESS RELEASE/ MERCO LLC (Privately Held) today announced the company has completed their formal process and hired Brett A. Murray as new leadership as Chief Operating Officer and President.  "I have known Mr. Murray since 2013 when I purchased his personal holdings of ...


Posted 10 days agoPress > Permian BasinTexas Oil & GasNew Mexico +5

New Mexico watching as Texas considers limits on oil production

Laws governing oil production in New Mexico stem from the Oil and Gas Act of 1935, which, among many other things, suggests the state can impose statewide caps on oil production, as well as more explicitly allowing it to cap output at specific reservoirs or “pools” of oil to “prevent waste.” If p ...

Will Fine


Posted 1 month agoLink > Dr. Daniel FineFarmington New MexicoGovernor of New Mexico +54

Dr. Daniel Fine & T Greg Merrion on the OIL PRICE WAR and U.S. collapse

Interview with Oil and Gas Expert Dr. Daniel Fine with T.Greg Merrion of Merrion Oil D r. Daniel Fine and T. Greg Merrion of Merrion Oil are experts in their fields.  Dr. Fine raises the fact the oil market was manipulated and explains just how it was done.  T Greg gives an acrual account of from ...

Will Fine


Posted 1 month agoOpinion > oil newsBusinessNewsBusiness news +44

Trump promises oil, gas industry assistance a day after WTI traded negative

Natural gas prices may increase Reducing oil production may have some positive impact on the San Juan Basin. Because the Permian Basin has been producing a surplus of natural gas, and there is no way to send all the natural gas to markets, the San Juan Basin natural gas prices have reached histor ...

Will Fine


Posted 1 month agoLink > Dr. Daniel FineFarmington New MexicoGovernor of New Mexico +27

Rocky Mountains Shale, Production Optimization Bakken, DJ & Powder River Congress 2019

The Rocky Mountain plays are heating up once again - Bakken is going strong, Powder River is picking up and for some, the DJ Basin is the hottest shale formation. Regardless of acreage position, operators everywhere are trying to figure out how to keep their artificial lift systems optimized and br ...

Louise Gosling


    21 May 2019


Posted 1 year agoEvent > Rocky MountainsBakkenPowder River Basin +5

Analysis: Trump and Saudi Collision on Oil, and Bingaman’s Return to Santa Fe

In an earlier column, readers overseas benefited from this writer's forecast that crude oil prices would fall dramatically because most commodity traders got it wrong. Simply, this column's analysis was the buying of oil assumed a shortage would result once the sanctions against Iran would be activ ...

Will Fine


Posted 1 year agoOpinion > Senator BingamanBingamanSanta Fe +71

Carrizo Oil & Gas Announces Closing of DJ Basin Divestiture and Partial Redemption of Its 7.50% Senior Notes Due 2020 and 8.875% Redeemable Preferred Stock

Carrizo Oil & Gas, Inc. (NASDAQ: CRZO) today announced that it closed the previously-announced sale of its assets in the DJ Basin on January 19, 2018 . Carrizo received approximately $123 million at closing, subject to post-closing adjustments; this excludes the previously-received deposit of $14 ...

OilVoice Press - OilVoice


Posted 2 years agoPress > Carrizo Oil & GasNasdaqDJ Basin +1

Carrizo Oil & Gas Provides Update on Divestiture Program

HOUSTON--( BUSINESS WIRE )-- Carrizo Oil & Gas, Inc. (Nasdaq:CRZO) today announced that it has closed on both of its previously-announced Appalachia divestitures and has entered into an agreement to sell substantially all of its assets in the DJ Basin. Carrizo previously announced that it had ent ...

OilVoice Press - OilVoice


Posted 2 years agoPress > Carrizo Oil & GasNasdawDivestment +3

Noble Energy Signs Agreement to Divest Non-Core DJ Basin Acreage

Noble Energy, Inc. ( NYSE : NBL ) ("Noble Energy" or "the Company") today announced that it has signed a definitive agreement with SRC Energy Inc. to divest approximately 30,200 net acres from the Company's non-core DJ Basin position in Weld County, Colorado.  Included with the acreage sold is app ...

OilVoice Press - OilVoice


Posted 2 years agoPress > Noble EnergyNYSEDivestment +4

PetroShare Corp. Enters into a Purchase Agreement for Assets Covering Approximately 16,000 Gross (11,000 Net) Acres in the DJ Basin

PetroShare Corp. (OTCQB: PRHR), today announced it has entered into a Purchase and Sale Agreement with an undisclosed third party for producing vertical wells and associated leases totaling approximately 15,994 gross (11,169 net) acres principally in Adams and Weld Counties, Colorado. The Company h ...

Katie Woodward - OilVoice


Posted 3 years agoPress > PetroShare CorpDJ BasinUnited States +1