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A Volume Of Drilling ‘Not Seen In Decades’

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By Michael Madere, Hart Energy
June 14, 2013

DENVER – Judging from the opening remarks at Hart Energy’s DUG Bakken Niobrara Conference and Exhibition on May 30, Colorado is poised to strike it rich again. This time, it will not be from the gold mines of Central City. Instead, the new wave of prosperity and jobs will come from the Niobrara formation and the DJ Basin.

Chuck Davidson, the chairman and chief executive of Noble Energy, has a direct explanation about why this expected growth will actually happen. “Technology has unlocked an incredible number of doors,” he said. ...

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