Senator Michael Bennet sent a letter to Interior secretary Ryan Zinke this week, asking that millions of dollars in unpaid royalties be returned to Northwest Colorado. At issue is $76 million in natural gas drilling royalties which were being held for clean up and restoration of the Naval Oil Shale Reserve. However, according to the letter, the Interior department certified that in 2008, the money was no longer needed for this purpose. Bennet believes the money has been owed to the Continue reading
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Millions May Be Returned To NW Colorado
Southwestern Energy Buys Shell and Quicksilver Holdings
Houston based Southwestern Energy Company has acquired oil and gas assets on land in Moffat and Routt Counties, from Shell and Quicksilver Resources. Southwestern already has plans to follow-up the purchase with a $50 million Continue reading
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Tagged $50 million, horizontal well, Houston, Moffat, natural gas, Niobrara, oil and gas, Quicksilver, Routt, Sand Wash Basin, shale, Shell, Southwestern Energy Company, vertical test wells
