Denver-based PDC Energy in acquisition by Chevron Corporation, creating Colorado’s largest oil and gas company. The deal comes three years after Chevron acquired Noble Energy. The new company will now hold 600,000 acres statewide. It is about half of that in the Denver-Julseburg Basin adjacent to Chevron’s existing operations. This will produce 400,000 barrels of […]
https://www.rangerminerals.com/wp-content/uploads/2021/05/map-image.png403661Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2023-08-13 09:00:362023-10-08 22:26:24Chevron Acquires PDC Energy, Creating the Largest Oil & Gas Business in Colorado
Oil and gas companies in the Permian Basin are planning to ramp up production of fossil fuels. This is despite a slight dip in crude oil production expected this month. Chevron reported record Permian Basin production during the second quarter of 2023. It has an 11% increase compared to the same period last year. The […]
https://www.rangerminerals.com/wp-content/uploads/2023/08/ScreenHunter-2904.png5691031Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2023-08-10 08:00:112023-09-28 07:57:22Oil and Gas Companies Increase Production Plans for Permian Basin
A surge in United States crude gains made oil exports change the face of the global market and how oil is priced. This is with the price of U.S. crude gaining weight against other benchmarks. This is what traders and analysts have observed this year. Now, as Europe became a major destination for U.S. oil […]
https://www.rangerminerals.com/wp-content/uploads/2023/08/2023-08-07_szyk2r85ye.jpg300718Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2023-08-09 08:00:562023-09-28 07:59:12U.S. Crude Gains Weight Against Global Oil Benchmarks
Chevron Acquires PDC Energy, Creating the Largest Oil & Gas Business in Colorado
IndustryDenver-based PDC Energy in acquisition by Chevron Corporation, creating Colorado’s largest oil and gas company. The deal comes three years after Chevron acquired Noble Energy. The new company will now hold 600,000 acres statewide. It is about half of that in the Denver-Julseburg Basin adjacent to Chevron’s existing operations. This will produce 400,000 barrels of […]
Oil and Gas Companies Increase Production Plans for Permian Basin
IndustryOil and gas companies in the Permian Basin are planning to ramp up production of fossil fuels. This is despite a slight dip in crude oil production expected this month. Chevron reported record Permian Basin production during the second quarter of 2023. It has an 11% increase compared to the same period last year. The […]
U.S. Crude Gains Weight Against Global Oil Benchmarks
IndustryA surge in United States crude gains made oil exports change the face of the global market and how oil is priced. This is with the price of U.S. crude gaining weight against other benchmarks. This is what traders and analysts have observed this year. Now, as Europe became a major destination for U.S. oil […]