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Niobrara Shale

Niobrara Shale News

Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill

Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill

Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market…

A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It

A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It

A handful of recent transactions and capital raises point to a subtle pattern in North American upstream—one that is easy to miss because each event, on its own,…

Permian E&P Bucking The Trend; Plan to Increasing Drilling & Fracs in 2026

Permian E&P Bucking The Trend; Plan to Increasing Drilling & Fracs in 2026

Occidental’s 2025 U.S. onshore program is centered on the Permian, with ~$3.5B of Permian CapEx and ~$0.8B in the Rockies, totaling ~$4.3B. This supports ~15 net rigs in…

Japex Enters DJ Basin with Acquistion of Verdad

Japex Enters DJ Basin with Acquistion of Verdad

Japan Petroleum Exploration Co., Ltd. (JAPEX) has announced a major expansion into North American shale with a $1.3 billion acquisition of Verdad Resources Intermediate Holdings LLC (VRIH), marking…

JAPEX Secures First U.S. Operated Position in $1.26B DJ Basin Acquisition of Verdad Resources

Premium content JAPEX Secures First U.S. Operated Position in $1.26B DJ Basin Acquisition of Verdad Resources

Japan Petroleum Exploration Co., Ltd. (JAPEX) announced the acquisition of all equity interests in Verdad Resources Intermediate Holdings LLC — a Tailwater Capital portfolio company and pure-play DJ…

Large Cap E&P To Reduce Drilling & Completion Activity in 2026

Large Cap E&P To Reduce Drilling & Completion Activity in 2026

Summary After years of aggressive shale growth, Chevron is signaling a clear strategic pivot: shift from volume expansion to capital efficiency and free cash flow. This evolution—catalyzed by…

Schlumberger Shows Steady Resilience Amid Market Volatility

Schlumberger Shows Steady Resilience Amid Market Volatility

SLB has reported its financial results for the second quarter of 2025, reflecting stable sequential performance and resilience in the face of macroeconomic and industry-wide challenges. Despite a…

Civitas Provides Update on Current Rigs & Frac Crews

Civitas Provides Update on Current Rigs & Frac Crews

Second Quarter Outlook The Company has reiterated its full year guidance for 2025. For the second quarter, Civitas anticipates approximately five percent oil volume growth at the midpoint…

Company Overview: Peak Resources LP

Company Overview: Peak Resources LP

Peak Resources LP is an independent oil and gas limited partnership strategically focused on the prolific Powder River Basin (PRB) in Wyoming. With a differentiated low-decline production base,…

Chevron To Cut D&C Activity in U.S. Shale In 2024; Here is Where.

Chevron To Cut D&C Activity in U.S. Shale In 2024; Here is Where.

Chevron said expected organic capital expenditure range of $15.5 to $16.5 billion. Upstream spending in 2024 is expected to be about $14 billion. Of this planned expenditure, two-thirds…

Niobrara Shale Top Operators (Undrilled Permits)

Company Last 12 Months
Occidental Petroleum Corp 66
Chevron Corp 55
Crestone Peak Resources LLC 37
locked 30
locked 22
locked 14
locked 12
locked 7

Niobrara Shale Well Completion Trend

Niobrara Shale Map

Niobrara Shale Rig Data: August 12, 2026

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…

Niobrara Shale Mergers & Acquisitions

Niobrara Shale Transactions By Quarter ($MM)