Bayswater Completes Sale of DJ Basin Assets
March 27, 2025
DENVER—Bayswater Exploration and Production (Bayswater), a Denver-based oil and natural gas development company closed the sale of certain Denver Julesburg (DJ) Basin assets to Prairie Operating Co. (Nasdaq: PROP) in a cash and stock transaction valued at approximately $603 million.
Bayswater Enters Sale Agreement for DJ Basin Assets
February 7, 2025
DENVER—Bayswater Exploration and Production (Bayswater), a Denver-based oil and natural gas development company, is pleased to announce it has entered into an agreement to sell assets in the Denver Julesburg Basin (DJ Basin) to Prairie Operating Company (Nasdaq: PROP), in a cash and stock transaction valued at approximately $603 million.
Bayswater Exploration successfully follows geology east
Jul 27, 2024
Since it launched drilling operations in Howard County in 2021, Bayswater Exploration & Production has been following the geology as it develops its acreage.
That geology has led the Denver-based company east into Mitchell County, where it has seen success drilling 2.5-mile Wolfcamp stepouts.
“We followed the geology. We did a significant amount of geologic mapping and log analysis,” Aaron Fisher, senior geoscientist and technical manager, Permian Basin, told the Reporter-Telegram in a telephone interview.
Bayswater Expands DJ Basin Position
Feb 12, 2024
Bayswater Exploration & Production LLC, Denver, recently acquired certain oil and gas assets in the Denver Julesburg (DJ) basin in Weld County, Colo., from Confluence DJ LLC, a subsidiary of Confluence Resources LP, Denver.
Colorado Energy & Carbon Management Commission Unanimously Approves Bayswater Opal Coalbank OGDP
Dec 14, 2023
DENVER—Bayswater Exploration & Production (Bayswater) is pleased to announce the unanimous approval of its Opal Coalbank Oil and Gas Development Plan (OGDP) by the Colorado Energy & Carbon Management Commission (ECMC), formerly known as the Colorado Oil and Gas Conservation Commission (COGCC).
DENVER—Bayswater Exploration & Production (Bayswater) is proud to be the first operator in the Denver-Julesburg (DJ) Basin to deploy a new innovative technology from Kathairos Solutions that utilizes nitrogen to eliminate a consistent source of methane emissions on traditional production sites.
Colorado Energy & Carbon Management Commission Unanimously Approves Bayswater Onyx OGDP
July 13, 2023
DENVER—Bayswater Exploration & Production (Bayswater) is pleased to announce the unanimous approval of its Onyx Oil and Gas Development Plan (OGDP) by the newly-renamed Colorado Energy & Carbon Management Commission (formerly known as the Colorado Oil and Gas Conservation Commission or COGCC). The approved Onyx Development is planned for 12 new horizontal wells located in unincorporated Weld County, Colo., northwest of the Town of Eaton. The new Onyx horizontal development will utilize surface equipment currently located nearby on Bayswater’s existing Leffler 26-A Pad Oil and Gas Location. This is Bayswater’s fourth OGDP application approved by the Commission since Colorado’s new regulatory framework was implemented, and the first approval this year. These four approved Bayswater permits encompass a total of 91 planned horizontal wells in the Denver Julesberg (DJ) Basin.
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.
Denver oil companies strike deal for Denver-Julesburg Basin acreage, dozens of well sites
July 2022
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 Bayswater increases oil and gas holdings in Weld County
July 2022
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
Colorado companies’ drilling plans for 101 oil wells approved by Colorado regulators
June 2022
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.
Colorado regulators OK first new oil well sites in Denver-Julesburg Basin under new rules
October 2021
Denver Business Journal
“Two companies’ projects become the first Front Range oil sites approved since tighter rules took effect Jan. 15.”
COGCC Unanimously Approves Bayswater’s Blehm 18-I Development
October 2021
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.
Enercom Conference Presentation
August 17, 2021
Permian Basin Activity—Permian Basin Plays Providing Plenty Of Targets For Operators Of All Sizes
June 2021
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.”
Colorado Energy Organizations Launch First-of-its-Kind Responsibly Sourced Natural Gas Partnership
March 2021
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.
Bayswater Commits to Conduct Continuous Air Monitoring at Colorado Oil and Gas Production Sites
February 2020
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.
