• PDC Energy, Inc. ( NYSE: PDCE )

Permitting Activity


November 21,2023 : PDC Energy, Inc. Permitted the Bubba Federal 06N Horizontal well in Weld,CO :
November 21,2023 : PDC Energy, Inc. Permitted the Bubba Federal 07N Horizontal well in Weld,CO :
November 21,2023 : PDC Energy, Inc. Permitted the Bubba Federal 08N Horizontal well in Weld,CO :
November 21,2023 : PDC Energy, Inc. Permitted the Bubba Federal 09N Horizontal well in Weld,CO :
November 21,2023 : PDC Energy, Inc. Permitted the Bubba Federal 10N Horizontal well in Weld,CO :
Click here for More Permits Activity

Completion Activity / Well Results


December 03,2021 : PDC Energy, Inc. completed the GRIZZLY NORTH 7673 B 6H well in Reeves,TX. The Well flowed 4.872 MMcf of gas on a 6,397 foot lateral .
December 03,2021 : PDC Energy, Inc. completed the ARGENTINE STATE 7170 9U B 9H well in Reeves,TX . The Well flowed 1,671 boe/d which consists of 1,246 Oil BOPD and 2.465 MMcf of gas on a 10,853 foot lateral .
December 03,2021 : PDC Energy, Inc. completed the ARGENTINE STATE 7170 8U A 8H well in Reeves,TX . The Well flowed 2,203 boe/d which consists of 1,642 Oil BOPD and 3.256 MMcf of gas on a 10,423 foot lateral .
December 03,2021 : PDC Energy, Inc. completed the GRIZZLY NORTH 7673 A 7H well in Reeves,TX. The Well flowed 3.15 MMcf of gas on a 6,412 foot lateral .
December 03,2021 : PDC Energy, Inc. completed the GRIZZLY NORTH 7673 A 8H well in Reeves,TX. The Well flowed 3.624 MMcf of gas on a 6,335 foot lateral .
Click here for More Completion Activity

Latest News & Activity




Deals - PDC Energy, Inc. Acquisitions


Announce Date Price($MM) Region/Basin Headline
Feb-28-2022 Rockies - DJ Basin  PDC Acquires DJ Basin E&P Great Western in $1.3B Deal
Aug-26-2019 Rockies - DJ Basin  PDC Acquires DJ Basin Pure-Player SRC Energy
Sep-25-2017 Rockies - DJ Basin  PDC Bolts On Wattenberg Assets for $210 Million, Acreage Trade
Total
More Deals...


Deals - PDC Energy, Inc. Divestiture(s)


Announce Date Price($MM) Region/Basin Headline
May-08-2019 Permian - Delaware Basin  PDC Selling Water-Related Midstream Assets to WaterBridge
May-08-2019 Permian - Delaware Basin  PDC Sells Midstream Gas Assets to EagleClaw for $182MM
Mar-05-2018 Northeast  PDC Sells Off Utica Assets for $40 Million
Total
More Deals...


Capital Raised


Announced DateAmount($MM) Type Headline
Sep-10-2020 Debt PDC $150 Million Tack-on Senior Notes Offering 5.75%
Nov-14-2017 Debt PDC Plans $600MM Private Debt Offering
Sep-12-2016 Debt PDC Initiates $400MM Debt Financing To Help Fund Permian Acquisition
Total
More Financing...


About


PDC Energy, Inc engages in the acquisition, exploration, development, production, and marketing of natural gas, natural gas liquids, and crude oil in the United States The company operates in two segments, Oil and Gas Exploration and Production, and Gas Marketing The Oil and Gas Exploration and Production segment produces and sells natural gas to marketers, utilities, industrial end-users, and other wholesale purchasers; crude oil to oil marketers and refiners; and natural gas liquids The Gas Marketing segment purchases, aggregates, and sells natural gas in the eastern operating region; and purchases natural gas produced by third party producers for resale This segment markets natural gas to third party marketers and natural gas utilities, as well as to industrial and commercial customers The company was formerly known as Petroleum Development Corporation and changed its name to PDC Energy, Inc in June 2012 PDC Energy, Inc was founded in 1969 and is headquartered in Denver, Colorado

1775 Sherman Street
Suite 3000
Denver TX 80203
Phone Number
303 860 5800




 Drilling Activity ( Jan 2017 - Mar 2024)
Basin
APPALACHIAN BASIN
DELAWARE BASIN
DENVER-JULESBURG BASIN

Personnel (5 people)

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Sr. Vice President, Exploration & Production
email -
Phone : -
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Manager, Exploration
email -
Phone : -
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Vice President, Midstream Marketing
email -
Phone : -
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Vice President, Engineering & Technology
email -
Phone : -
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Vice President, Natural Gas & Oil Marketing
email -
Phone : -
Frist Name Last Name Title Email Phone
Barton Brookman Sr. Vice President Exploration & Production bart.brookman@pdce.com 303-860-5800
Brad Bacon Manager Exploration brad.bacon@pdce.com 303-860-5800
George Courcier Vice President Midstream Marketing george.courcier@pdce.com 303-560-5800
Jim Lillo Vice President Engineering & Technology jim.lillo@pdce.com 303-860-5830
Tina Smith Vice President Natural Gas & Oil Marketing tina.smith@pdce.com 304-842-3597

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 Company Divestiture

Announce Date Buyer$MMTypePlay/LocationDetails
May-08-2019 Asset Delaware Basin 
May-08-2019 Asset Delaware Basin 
Mar-05-2018 Property Utica Shale 


 Company Acquisitions

Announce DateSeller$MMTypePlay/LocationDetails
Feb-28-2022 Corporate Niobrara - DJ Basin,DJ Basin 
Aug-26-2019 Corporate Niobrara - DJ Basin 
Sep-25-2017 Niobrara - DJ Basin 
No Results found

PDC Downspacing Wattenberg Wells; Ups Proved Reserves

January 21,2016
2015 production of 15.4 MMBoe representing 65% year-over-year growth and exceeding top-end of guidance

PDC IDs $475MM Budget for 2016; Wattenberg Focus

December 07,2015
The Company remains very flexible in terms of rig activity and capital deployment due to short-term rig contracts and held-by-production acreage.

PDC Talks Wattenberg Spacing Pilot; Improved Utica Design

May 07,2015
Production of 32,162 Boe per day; 41% increase year-over-year and 15% growth compared to fourth quarter of 2014.

PDC Bets on Plug-N-Perf, Further Downspacing in the Wattenberg

April 20,2015
PDC Energy Inc. has detailed the latest developments on its downspacing pilot as well as an enhanced completion design strategy in the Wattenberg Field.

PDC Energy Trims 2015 Budget; Will Sustain Rig Count

February 23,2015
PDC's 2015 updated capital budget is approximately $473 million, a decrease of 15% compared to its previously announced $557 million.

PDC's Wattenberg, Utica Ops Boost Production 51%

January 29,2015
PDC's full-year 2014 production was approximately 9.3 MMBoe or 25,460 Boe per day from its continuing operations in Wattenberg and Utica, a 51% increase compared to 2013.

PDC Sending $400 Millon to Wattenberg; No Utica Rigs

December 21,2014
PDC estimates its 2014 production exit rate to be approximately 32,500 Boe per day and its full-year 2014 production volumes to be within its guidance range of 9.3 to 9.5 MMoe.

PDC, Gulfport Switch to Slickwater in Utica Shale

November 14,2014
PDC and Gulfport are both using Slickwater fracs in the Utica Shale.

PDC Boosts Rig Count at Wattenberg, Utica Projects; Drills 11 Wells

November 09,2014
PDC turned in line 11 operated wells during the third quarter of 2014, substantially all of which were in the Wattenberg Field.

PDC Concentrates on Wattenberg Ops in 2Q; Adds Utica Rig

August 11,2014
PDC turned in line 28 operated wells during the second quarter of 2014, substantially all of which were in the Wattenberg Field.

What Did You Miss in the Utica this Quarter?

May 21,2014
Utica 1Q 2014 Recap..

PDC Touts Production Increase Across Wattenberg, Appalachia

May 06,2014
PDC increased production 44% to 26,700 barrels of oil equivalent per day.

PDC Encouraged By Horizontal Codell Development; Plans 115 Wells

April 17,2014
Plan 115 horizontal wells, almost 20% of which are greater than one mile laterals in the Wattenberg Basin. The company details its development plans for the Watternberg field.  Download here.

PDC Energy 2014 Utica Plans: 18 Wells, Longer Laterals, Pad Drilling

April 17,2014
PDC detailed it's 2014 Utica Development plans today. 700 - 1000 ft Spacing 5,000 - 7,000 ft Laterals 20 - 30 Frac Stages Per Well 

PDC Energy Reports Net Loss in 2013

February 20,2014
Production for 2013 increased 35% to 20,400 Boe/d, from 15,000 Boe/d in 2012.

PDC Energy's 2013 Wells Add 95 MMBOE in Proved Reserves

January 28,2014
Total proved reserves as of December 31, 2013 were 266 million barrels of oil equivalent (MMBoe), compared to 193 MMBoe reported as of December 31, 2012.

Niobrara Shale - 2014 Company Drilling Plans - $6 Billion

January 10,2014
As the 2014 Capital Budgets continue to roll in, Shale Experts is taking a look at the Niobrara Shale play and which big name operators are sending money there this year.

PDC Plans Niobrara/Utica Acceleration, Axes Marcellus for 2014

December 11,2013
"The fourth rig recently arrived in the Wattenberg Field and we anticipate meaningful production growth from both the Niobrara and Codell formations in 2014," said James Trimble, President & CEO.

PDC Brings Niobrara, Marcellus, Utica Wells On-Line; Details Ops

December 11,2013
The company has brought multiple wells on-line in each of the shale plays.

PDC Downspaces Wattenberg Project, IPs Premier Utica Well

October 31,2013
PDC achieved 29% production growth from the third quarter of 2012 to 18,600 barrels of oil equivalent (Boe) per day (Boe/d).