Full Title: Colorado’s New Oil Boom — the Niobrara
Author(s): Colorade Geological Survey
Publication Date: 4/2011
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Niobrara shale oil is an exciting new hydrocarbon prospect for Colorado. Our resource-rich state, while having developed extensive natural gas reserves over the past couple of decades, is now in the process of ‘rediscovering’ its oil in organic-rich shale. The current economics of fossil fuels, combined with the development of new drilling and stimulation technologies, is driving this renaissance.