DUO Reservoirs
March 9-11, 2016
Denver, Colorado
Colorado Convention Center
Register Featured Sponsors
Netherland, Sewell & Associates (NSAI)Croft Production SystemsEvolution MidstreamTetraWhiting Petroleum Corp.Magnum Oil ToolsStratas Advisors
ShawcorBaker HughesLiberty Oilfield ServicesArchrockTudor Pickering HoltNavPortSentry Technologies
Operator Sponsors
Evolution MidstreamLiberty ResourcesWhiting Petroleum Corp.
Hosted By
Oil and Gas InvestorUnconventional Oil & Gas CenterE&PMidstream Business

Attendees from North Dakota to Colorado Gather to Discuss the Latest Efficiency-Driven Technologies & Strategies

This March, hundreds of oil and gas professionals, over two dozen executive-level speakers and hundreds of exhibitors converged in Denver to spend two days exploring the latest efficiency-focused technologies and strategies saving producers throughout the Rockies and Northern Great Plains valuable time and money.

The event's world-class speaker lineup featured leaders from the most-active producers in the region, including Whiting Petroleum, Oasis Petroleum, Hess Corporation, Laramie Energy II LLC, WPX Energy and others. Karl Rove, former advisor to President George W. Bush, Fox News and Wall Street Journal contributor, and bestselling author delivered a special Presidential Election Luncheon address, sharing a political insider's look at how the 2016 race for the Whitehouse is shaping up.

This year, Hart Energy renamed the event from DUG Bakken & Niobrara to DUG Rockies to showcase a broader geographic focus in the conference agenda. Hart Energy also launched the all-new Technology Showcase on the exhibition floor. Top technology providers presented the latest solutions with case studies and live demonstrations.

The conference may be over, but the conversation isn't! Find out what other attendees and exhibitors are saying on Storify. We would love to hear about your experience too.

Be sure to save the date for DUG Rockies 2017, scheduled to return to the Colorado Convention Center in Denver, March 15-17, 2017.

 
News

Weatherford Reports First-Quarter Financial Results
Weatherford International Plc reported a net loss of $239 million, before charges and credits, on $1.59 billion in revenue for first-quarter 2016, the company said May 4.During the quarter, Weatherford completed negotiations to refinance its revolving credit facility into a consolidated $1.651 billion package comprised of a new 3-year $1.151 billion revolving credit facility and a new 4-year $500 million term loan facility. Including the non-extending banks, the total available facilities will stand at $1.88 billion through July of 2017.Net proceeds of $630 million were raised through a successful public equity offering, and Weatherford ceased operating four of the nine planned manufacturing facilities closures. 

Apache Signals Capex Increase As Costs Fall, Oil Prices Recover
The company, which also reported a smaller-than-expected quarterly loss, raised its full year production forecast by 5,000 barrels of oil equivalent per day (boe/d), while maintaining its 2016 capital spending of $1.4 billion-$1.8 billion.