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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Niobrara Shale Rig Count
(as of 09/28/2022)

  Count Change From
Previous Week
Change From
Previous Year
Oil Count 15 -4 1
Oil & Gas Count 1 No change 1

Top Niobrara Shale Operators By Rig Count/Locations
(as of 09/28/2022)

Operator Current Week Previous Week Change Change From Last Year
Subscribe to See 3 3 --- +1
Chevron Corp 3 2 +1 +3
Subscribe to See 2 2 --- +2
Subscribe to See 1 1 --- ---
Subscribe to See 1 1 --- +1
Subscribe to See 1 2 -1 -2
Subscribe to See 1 1 --- ---
Subscribe to See 1 1 --- +1
Subscribe to See 1 1 --- +1
Subscribe to See 1 2 -1 +1


Top Niobrara Shale County By Rig Count/Locations
(as of 09/28/2022)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 11 12 -1 +4
LARAMIE 2 2 --- +1
Subscribe to See 1 1 --- ---
Subscribe to See 1 1 --- ---
Subscribe to See 1 1 --- +1


 Niobrara Shale Top Operators
(Undrilled-Permits)
Company    Last 12 Months
Occidental Petroleum Corp    68
Crestone Peak Resources LLC    30
Verdad Resources LLC    19
   19
   19
   18
   17
   14

   Drilling Permits Trends ( Last 24 Months)


  Niobrara Shale - Drilling Activity (2016 - 2022 YTD)


 Niobrara Shale - Well Completion Trend


Completions By
Company
2022(YTD)
Count
Extraction Oil and Gas 44
PDC Energy, Inc. 42
Occidental Petroleum Corp 36
34
17
Completions By
County
2022(YTD)
Count
Weld 174
Broomfield 21
Adams 20
12
7

 Niobrara Shale Map

 Niobrara Shale Rig Data : September 28, 2022


Drilling Trends from May 4, 2011 - September 28, 2022

 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 $4,800
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $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 Not Disclosed 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
11/09/2020 Bonanza Creek Energy, Inc. HighPoint Resources Bonanza Creek to Acquire HighPoint Resources in $376MM Merger $376
 

  Niobrara Shale Transactions By Quarter ($MM)