According to a Bernstein E&P Resource of the Month report, the low liquids content of operators drilling western Colorado Piceance Basin wells “will not generate much value for investors”.
“The low estimated ultimate recoveries (EURs) combined with lower liquids content and average levels of Opex and Capex lead us to estimate that only the best quality ...
Caerus Oil and Gas LLC to buy Colorado holdings for $200 million.
The final buildout of the Rocky Mountains’ dry natural gas infrastructure is nearly complete. Now, new infrastructure plans are focusing on gas-liquids plays.