Oil and Gas Spacing Units Approved for BCEI in Weld County
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Description
The Colorado Energy and Carbon Management Commission approved Bonanza Creek Energy Operating Company, LLC's application to create and amend drilling and spacing units in Weld County, authorizing up to 26 new horizontal wells across multiple geological formations. The action is effective immediately with a requirement to commence drilling within 3 years or the order will be vacated.
Contract Details
Vendor
BONANZA CREEK ENERGY OPERATING COMPANY LLC
Agency
Energy & Carbon Management Commission, CO
Contract Type
OTHER
Document Date
May 15, 2024
Contract Term
Order adopted May 15, 2024; effective immediately; drilling operations must commence within 3 years or order vacated
Renewal Date
2027-05-15
Renewal Info
Order is in effect for 3 years unless drilling commences, after which it may be vacated. The Commission reserves the right to alter, amend, or repeal the order after notice and hearing. Individual well and location permits (Form 2A and Form 2) are required for each operation.
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