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DJ Basin Hit with Flurry of Deals; Production, DUCs and 2018 Drilling Activity
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The DJ Basin has seen an upswing in deals and activity in recent months:
- SandRidge Takes Out Bonanza Creek in Cash/Stock Deal Worth $746MM (even though SandRidge investors have come out against the deal)
This Year in DJ Basin Deals : Deals Value Greater Than $200MM
DJ Basin Deals by Quarter in 2017
2018 Capital Plans - DJ Basin
With 2017 coming to a close, companies are laying out plans for spending, production and drilling for 2018. Companies with DJ Basin assets have begun to discuss what to expect in 2018.
Rig Activity in the DJ Basin
Historic Rig Count Trend in the DJ Basin
Even in a mature play like the DJ Basin, operators are continuing to move rigs into the area. From Q1 2017 to Q4 2017, the rig count grew 20 rigs in the DJ Basin. As operators plan for 2018, it is likely rigs will continue to increase in the DJ Basin.
Niobrara Oil Production 2013 to Q3 2017:
DUCs on the Rise in the DJ Basin:
Related Categories :
Capital Expenditure - 2018
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