Piceance Basin
🔥 GasUpdated 2/3/2026
Colorado
The Piceance Basin in western Colorado is a significant natural gas producing region.
Limited Data Available
Some metrics for this basin are estimates based on regional trends. We're working to add real-time data from official sources.
Oil Production
35.0K
bbl/day
1.3% YoY
Gas Production
2.60B
Mcf/day
1.3% YoY
Active Rigs
37
rigs
+4.0 WoW
DUC Wells
129
wells
+6.4 MoM
Production Trends
The Piceance Basin currently produces 35.0K barrels of oil per day, representing approximately 0.3% of total U.S. production. Production has moderated recently as operators focus on capital discipline and well optimization.
Top Operators
Caerus Oil and Gas
#1
Terra Energy Partners
#2
Occidental Petroleum
#3
Chevron
#4
Key Formations
Mesaverde
Primary target for gas production
Mancos
Primary target for gas production
Williams Fork
Primary target for gas production
Recent Piceance Basin Updates
Piceance Basin Production Reaches New Heights
2/2/2026Recent drilling activity in the Piceance Basin shows promising results with increased efficiency.
Source: Energy Daily
Major Operators Expand Piceance Basin Operations
2/1/2026Caerus Oil and Gas announces expanded drilling program targeting key formations.
Source: Oil & Gas Journal
Technology Advances Drive Piceance Basin Efficiency
1/31/2026New drilling techniques reduce costs and improve production rates.
Source: Drilling Contractor