Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

 Niobrara Shale Top Operators
(Undrilled-Permits)
Company    Last 12 Months
PDC Energy, Inc.    42
Occidental Petroleum Corp    36
Verdad Resources LLC    33
   33
   30
   18
   12
   12

   Drilling Permits Trends ( Last 24 Months)


 Niobrara Shale - Well Completion Trend

Completions By
Company
2024(YTD)
Count
Verdad Resources LLC 9
EOG Resources, Inc. 8
Petro Operating Company, LP 7
5
4
Completions By
County
2024(YTD)
Count
Weld 26
Campbell 6
Laramie 6

 Niobrara Shale Map

 Niobrara Shale Rig Data : June 22, 2024


Drilling Trends from May 4, 2011 - June 22, 2024

 Niobrara Shale Overview



The Niobrara shale formation is situated in northeastern Colorado and parts of adjacent Wyoming, Nebraska, and Kansas.  Primarily an oil play, it is in the Denver-Julesburg Basin, which has long been a major oil and gas province. Technological advances in horizontal drilling and hydraulic fracturing in the last decade has helped create new opportunities in this U.S. energy play.

Based on the industry’s plans, shale and other “tight rock” fields that now produce about half a million barrels of oil per day, will produce up to three million barrels per day in…

Latest Midstream Projects

Project Name Completion date Capacity (MBOPD)
Liberty Pipeline   - -
Weld County Tri-Midstream System   - -
Pierce Plant & Gathering System   - -
Cheyenne Connector Pipeline   - -
Grasslands Terminal   - -
Total   -
  Click Here to More Projects

  Niobrara Shale - Mergers & Acquisition

Announce Date Buyer Seller Title Value $MM
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $94
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $4,800
05/18/2022 Executive Network Partnering Corporation,Granite Ridge Resources Inc. Grey Rock Investment Partners Grey Rock, ENPC Ink $1.3B Business Combination; Form Granite Ridge Resources $1,300
02/28/2022 PDC Energy, Inc. Great Western Petroleum LLC PDC Acquires DJ Basin E&P Great Western in $1.3B Deal $1,300
02/01/2022 Civitas Resources Inc. Bison Oil & Gas II LLC Civitas Acquires DJ Basin Operator Bison Oil & Gas II in $300MM Deal $300
11/10/2021 Brigham Minerals Inc. Not Disclosed Brigham to Acquire DJ Basin Royalty Acreage for $44MM in Cash $44
07/21/2021 Fundare Resources Co. Whiting Petroleum Corp. Whiting Exits the DJ Basin; Sells Off Assets for $187MM in Cash $187
06/07/2021 Bonanza Creek Energy, Inc.,Civitas Resources Inc. Crestone Peak Resources LLC Civitas Resources to Acquire Crestone Peak in All-Stock Deal Worth $1.06B $1,060
05/10/2021 Bonanza Creek Energy, Inc. Extraction Oil and Gas Bonanza Creek, Extraction to Merge; Rebrand as Civitas Resources ---
12/14/2020 Gondola Resources LLC Sandridge Energy, Inc. SandRidge to Sell North Park Niobrara Asset in $47MM Deal $47
 

  Niobrara Shale Transactions By Quarter ($MM)