DJ Basin Unconventional (Civitas Resources Inc) CO is a producing unconventional oil field located onshore the US and is operated by Civitas Resources.

Field participation details

The field is owned by Civitas Resources.

DJ Basin Unconventional (Civitas Resources Inc) CO Field, Ownership (%)Civitas Resources100.00%100%

Production from DJ Basin Unconventional (Civitas Resources Inc) CO

The DJ Basin Unconventional (Civitas Resources Inc) CO unconventional oil field with peak production expected in 2022. The peak production was approximately 89.98 thousand bpd of crude oil and condensate, 375 Mmcfd of natural gas and 49.28 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2022.

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About Civitas Resources

Civitas Resources Inc (Civitas Resources), formerly Bonanza Creek Energy Inc is an exploration and production company, engaged in the acquisition, extraction and development of oil and related liquids which are rich in natural gas. It extracts minerals using horizontal drilling and hydraulic fracturing. The company uses horizontal drilling methods for exploration and production of oil and natural gas and hydraulic fracturing to crack rock formation. Bonanza Creek is developing the Niobrara B Bench, the Niobrara C Bench, and the Codell formation in wattenberg field. It has assets and operations in Wattenberg Field, Colorado. Bonanza Creek is headquartered in Denver, Colorado, the US.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.