Bayswater Garnet 21-K Development Receives COGCC Unanimous Approval
September 15, 2022
DENVER—Bayswater Exploration & Production (Bayswater) announced the unanimous approval of its Garnet 21-K Oil and Gas Development Plan (OGDP) by the Colorado Oil and Gas Conservation Commission (COGCC). The approved Garnet 21-K Development is planned for 23 horizontal wells located in unincorporated Weld County, Colorado, southwest of the Town of Ault. With this approval, Bayswater has received three OGDP approvals from the COGCC under Colorado’s new regulatory framework, representing a total of 79 planned horizontal wells in the Denver Julesburg (DJ) Basin.
The transaction between local companies allows for expansion in the Denver-Julesburg Basin oilfields.
“There aren’t a lot of opportunities to pick up undrilled acreage and production in the DJ Basin like this,” CEO says.
Denver-based oil and gas company Bayswater Exploration & Production inked a deal to secure more acreage and drills in the Denver Julesburg Basin in Weld County, according to a news release.
The “asset purchase agreement” with Nickel Road Operating LLC includes 2,752 net leasehold acres, 161 net mineral acres and 17 producing wells. All are adjacent to Bayswater’s existing operations there; company officials expect to ramp up production on its new wells by October.
Bayswater Closes on Asset Purchase Agreement & Expands Colorado Operations
July 28, 2022
DENVER—Bayswater Exploration & Production (Bayswater), a Denver-based oil and natural gas development company, officially closed on an Asset Purchase Agreement (APA) today that will increase its operational footprint in the Denver Julesburg (DJ) Basin in Weld County, Colorado. With the formal closure of this APA, Bayswater acquired the following assets from Nickel Road Operating LLC adjacent to Bayswater’s existing holdings in Weld County, Colorado:
- 2,752 net leasehold acres
- 161 net mineral acres
- 17 producing wells (5 operated, 12 non-operated)
- Working interest in 18 DUCs
- 68 operated well permits
Analysts have been watching how companies navigate Colorado’s tight drilling regulations.
Colorado regulators on Wednesday okayed two Denver companies’ plans to drill 101 new oil and gas wells in rural Weld County, the biggest single batch of new drilling approvals since 2021 state rule reforms.
Denver Business Journal
“Two companies’ projects become the first Front Range oil sites approved since tighter rules took effect Jan. 15.”
First Permit Approved in Weld County Under New Regulatory Framework
Denver—Bayswater is pleased to announce last week the Colorado Oil and Gas Conservation Commission (COGCC) approved Bayswater’s Blehm 18-I Oil and Gas Development Plan (OGDP). The Blehm 18-I Development is planned for 24 horizontal wells near Severance, Colorado. This notable approval from the COGCC represents the first OGDP permit approved in the Denver-Julesberg (DJ) Basin under the COGCC’s new regulatory framework.
The American Oil & Gas Reporter
“Denver-based Bayswater Exploration & Production is turning a two-pronged Permian Basin strategy into success through its ownership of mineral/royalty interests in the Delaware Basin and an operated working interest position in eastern Midland Basin acreage that is proving to be more than a ‘second-tier’ property, says John Dyer, Permian Basin asset manager.”
Utilizing Project Canary technology, pilot project brings together full energy value chain to responsibly deliver local energy to local communities
A Colorado natural gas producer, an infrastructure operator and local municipal utility have entered into a first-of-its-kind Responsibly Sourced Gas (RSG) pilot project with Project Canary, a Denver-based B-Corp focused on providing continuous emissions monitoring data and technologies across the energy sector. The unique wellhead to burner-tip RSG pilot extends across the energy value chain – from production, transportation and marketing of RSG – for consumer and community use locally in Colorado.
DENVER, February 24, 2020 – Bayswater Exploration and Production today announced a major commitment to a continuous air emissions monitoring program for its Colorado operations. By mid-2020, Bayswater will install monitoring devices at locations encompassing approximately 99% of its production in Colorado’s DJ Basin.
When complete, a leading percentage of Bayswater production will be subject to continuous air monitoring, one of the strongest commitments to apply and test this new technology in the oil and natural gas sector. In addition, Bayswater will join the Continuous Monitoring Program, a partnership with the Payne Institute for Public Policy at the Colorado School of Mines and emissions monitoring company Project Canary. They will provide an independent third-party review of data collected from locations.