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A recent law passed through the house in Colorado that will require property sellers to disclose possible third-party mineral rights ownership. That will include oil, gas, coal, and other minerals. In Colorado, minerals are often severed and this law would require that buyers be made aware that there is a possibility someone else owns the […]

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Devon – Sinopec JV Across 5 New Oil & Gas Plays Agreed

by Kenneth E. DuBose on January 4, 2012

Devon Energy and Sinopec (China) have inked a joint-venture (JV) deal worth $2.2 billion for a 1/3 interest in Devon’s acreage across five new venture plays. Devon is selling an interest in 1.2 million net acres for a little more than $5,000 per acre across several emerging plays: Tuscaloosa Marine Shale Niobrara Shale Mississippian Ohio’s […]

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Drilling Grows in Urban Areas

by Kenneth E. DuBose on October 26, 2011

Drilling is expanding in urban areas like Denver, Dallas-Fort Worth, and Pittsburgh. Don’t expect that to change any time soon. The industry will go where it can make a margin. The side effect is the industry is much more visible to the average citizen. Oil & gas producers will be educating people about the industry […]

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Oil & Gas Tax Revenues Pay for Education in Colorado

by Kenneth E. DuBose on October 24, 2011

The Weld County, Colorado, oil & gas industry supports 70% of educational expenses across the state. That’s an impressive number. Weld County has zero debt and the lowest tax rates of any county in the state. Just more support that oil & gas jobs are created and the economy performs well when drilling and production […]

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Colorado Severance Tax and Mineral Lease Revenue Distributed

by Kenneth E. DuBose on September 2, 2011

Colorado severance tax and mineral lease proceeds of $54 million are being distributed to 506 counties and districts across the state. That’s a nice jump from the $37 million distributed last year. Colorado will distribute $54,655,280 raised via the state’s severance tax on minerals and a share of leases on federal mineral rights will be […]

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Niobrara Shale Gets Record Price – Weld County CO

by Kenneth E. DuBose on September 1, 2011

Niobrara Shale minerals fetched a record price of $5,850 per acre for a 320 acre parcel inWeld County, CO. Dually noted is the fact that the average price in the Colorado Auction was $495 per acre across a total of almost 37,000 acres leased.  The peak number is likely very close to production or in […]

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El Paso County CO Niobrara Shale Oil & Gas Leasing Booms

by Kenneth E. DuBose on August 29, 2011

El Paso County, CO, has never had a commercial oil & gas well, but leasing sure indicates that might change in the near future. The rumored target is the Niobrara Shale, but we’re still in the stages of tight lips, so we haven’t heard a definite just yet. Leasing activity continues to pick up, so […]

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Larimer County Windsor Neighborhoods Could Get Forced Pooled

by Kenneth E. DuBose on August 22, 2011

Windsor Ridge West and Windsor River West subdivisions in Larimer County, Colorado, are indicating they might not give in mineral lease negotiations. If the oil & gas companies can’t come to terms with landowners, the drillers might lease as much as possible and then force pool the rest. If a local landowner is unable to […]

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Forced Pooling in Colorado Becomes a Contentious Debate

by Kenneth E. DuBose on August 15, 2011

Forced Pooling in Colorado is being used as leverage to coax landowners into signing leases and you can bet the topic will become a major debate within the mineral owner community. The state regulation has previously been enforced in areas where the oil & gas operator is only able to secure 60% of the minerals […]

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Devon Energy Targets Oil and Liquids-rich Gas Acreage

by Kenneth E. DuBose on August 3, 2011

Devon Energy plans to begin exploration and delineation of its liquids-rich gas and oil acreage across several emerging shale plays in 2011. The company has assembled over one million acres across several booming plays that stretch from Louisiana all the way to Colorado and Michigan. Investors and mineral owners alike will be waiting to hear […]

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