Piceance Basin

Piceance Basin
Piceance Overview: Located in Northwest Colorado, the Piceance (pronounced pee-aunts) Basin is a tight sands formation that lies at depths between 6000’-10000’, and features liquids rich natural gas. Read More

Piceance Counties: CO: Delta, Garfield, Gunnison, Mesa, Moffat Read More

Piceance Pipelines (natural gas): CIG, Northwest Pipeline, Questar, Rockies Express, TransColorado, White River Hub, WIC Read More

Piceance Net Acreage Table: A table detailing the net acreage owned by various companies in the Piceance play. View Table

ARTICLES

Atlas Resource Readies Standalone E&P Following Targa-Atlas Energy $7.7B Combo

Atlas Resource Partners LP (ARP) executives plan to put a herculean effort toward demonstrating the value of the exploration and production (E&P) assets as it prepares to spin off from its parent following a merger agreement with Targa Resources Corp. Read More

Oxy Mum on Williston Sale Rumors, Cites Ongoing Strategic Review

Exactly a year after it said parts of its 2.5 million acres in the Midcontinent could be up for sale, a Houston-based Occidental Petroleum Corp. (Oxy) spokesperson refused to comment Thursday on rumors in North Dakota that Oxy was selling all of its more than 330,000 acres in the Williston Basin for an asking price of $3 billion. Read More

In $757M Deal, Bill Barrett Swaps Powder River, Piceance for Wattenberg

In a $757 million deal to transform into a majority oil company, Bill Barrett Corp. has agreed to sell the majority of its acreage in the Powder River Basin (PRB) and its remaining position in the Piceance Basin, in exchange for additional acreage in the Wattenberg Field, the company said Tuesday. Read More

WPX to Partner in Piceance with Gas-to-Methanol Specialist

Rockies operator WPX Energy Inc. has taken on a partner for some of its gassy Piceance Basin operations, G2X Energy, a Houston firm that, among other things, develops natural gas to methanol projects. Read More

Black Hills Seeing More Red in Oil, Gas Operations

Even with some robust quarter-over-quarter production growth, particularly in crude oil and natural gas liquids (NGL), Rapid City, SD-based Black Hills Corp.'s oil/natural gas operations continued to operate in the red, reporting small losses Wednesday for both the 2Q2014 and first half of the year. Read More

Calumet Acquires Specialty Oilfield Solutions for $30M

Calumet Specialty Products LP said it has acquired substantially all of the assets of one of its competitors, privately-held Specialty Oilfield Solutions Ltd. (SOS), in a cash deal valued at $30 million. Read More

WPX Raises Capex 20% to Boost Onshore Oil Output

WPX Energy Inc.'s remarkable results from natural gas drilling in the Piceance Basin will play second fiddle to oil targets this year as the Tulsa producer attempts to right its financial performance, the CEO said Tuesday. Read More

Black Hills Completes Piceance Wells; E&P Overall in Red

Rapid City, SD-based Black Hills Corp. is staying "very focused" on its oil/natural gas assets, despite reporting more red ink in that sector. Read More

WPX Loses CEO, Agrees to Hedge Fund Choices for New Directors

In a flurry of activity this week, WPX Energy Inc. said farewell to CEO Ralph A. Hill, who stepped down unexpectedly, named an interim replacement... Read More

Colorado Producers Attempting to Topple Fracking Bans

The Colorado Oil and Gas Association (COGA) on Tuesday filed lawsuits against two of four cities that last month passed initiatives banning drilling, including hydraulic fracturing (fracking), in their local jurisdictions (see Shale Daily, Nov. 18). Read More

CHARTS & GRAPHS

Piceance Basin Gallery

A gallery of all of the images related to the Piceance basin.