Crude prices spark renewed drilling in Colorado and Wyoming

Devon Energy Gears Up For More Niobrara Activity In Powder River Basin |  Hart Energy

 

Oil drilling is on the increase in northeast Colorado and Wyoming’s Powder River Basin as crude prices linger in the $92 a barrel range in the U.S.

Reuters reports an increase in the acquisition of properties in the two areas by producers who are already adding rigs and frack crews.

Click here for Reuters