Attendees from North Dakota to Colorado Gather to Discuss
the Latest Efficiency-Driven Technologies & Strategies
This March, hundreds of oil and gas professionals, over two dozen executive-level speakers and hundreds of exhibitors converged in Denver to spend two days exploring the latest efficiency-focused technologies and strategies saving producers throughout the Rockies and Northern Great Plains valuable time and money.
The event's world-class speaker lineup featured leaders from the most-active producers in the region, including Whiting Petroleum, Oasis Petroleum, Hess Corporation, Laramie Energy II LLC, WPX Energy and others. Karl Rove, former advisor to President George W. Bush, Fox News and Wall Street Journal contributor, and bestselling author delivered a special Presidential Election Luncheon address, sharing a political insider's look at how the 2016 race for the Whitehouse is shaping up.
This year, Hart Energy renamed the event from DUG Bakken & Niobrara to DUG Rockies to showcase a broader geographic focus in the conference agenda. Hart Energy also launched the all-new Technology Showcase on the exhibition floor. Top technology providers presented the latest solutions with case studies and live demonstrations.
The conference may be over, but the conversation isn't! Find out what other attendees and exhibitors are saying on Storify. We would love to hear about your experience too.
Be sure to save the date for DUG Rockies 2017, scheduled to return to the Colorado Convention Center in Denver, March 15-17, 2017.
US Drillers Add Most Oil Rigs Since July 2015 While the rig additions this week were scattered across the country, most (11 rigs) were in the Permian Basin in West Texas and eastern New Mexico.Almost two-thirds of the rigs added since May, or 109, were in the Permian, bringing the total in the nation's biggest oil shale formation up to 246, the most since September 2015.
Cenovus Will Resume Expansion Of Christina Lake Oil Sands Project Canadian oil producer Cenovus Energy Inc. said on Dec. 8 that it planned to increase its 2017 capital budget by about 24% and will resume work on the expansion of its oil sands project in Christina Lake.The Calgary, Alberta-based company said it intended to invest between CA$1.2 billion and CA$1.4 billion (US$1.06 billion), with a target of CA$1.3 billion. That compared with its forecast of CA$1 billion to CA$1.1 billion for 2016.Cenovus's 2017 oil production will rise 14% to between 223,000 barrels per day (Mbbl/d) and 240 Mbbl/d, while oil sands production is estimated to increase by 20% to between 172 Mbbl/d and 184 Mbbl/d, CEO Brian Ferguson said in a conference call.