Northwest Colorado · Established 2005

The Welba Peak Project.

Responsibly developing a Colorado energy resource in Moffat and Routt Counties.

The Welba Peak Project is an oil and natural gas development in northwest Colorado, located within the Welba Peak Federal Exploration Unit — approximately 63,000 acres across northern Moffat and Routt Counties. The project is operated by Petroleum Resource Management under permits issued by the Colorado Energy and Carbon Management Commission and the U.S. Bureau of Land Management.

Location
Moffat & Routt Counties
Federal unit
63,000 acres
Surface use
~250 acres
i.The project at a glance
01

A focused footprint.

Surface use is expected to total approximately 250 acres — less than one-half of one percent of the unit area.

02

Deep operator experience.

More than 250 years of combined experience across land management, geology, engineering, pipeline, and marketing — with operations in five states.

03

Permitted and transparent.

All activity is conducted under federal and state permits, including ECMC drilling and pipeline authorizations.

ii.The project

Location and scope.

The Welba Peak Project is located approximately ten miles south of the Colorado–Wyoming state line, spanning portions of northern Moffat County and northwestern Routt County. The project sits within the Welba Peak Federal Exploration Unit — a 63,000-acre federal unit composed of 79% federal, 20% fee (private), and 1% State of Colorado mineral estate. Development activity is concentrated on approximately 250 acres of surface — less than half of one percent of the unit area.

63,000acFederal exploration unit
~250acExpected surface use
79%Federal mineral estate
20yrsLocal investment

What and how.

The project produces oil and natural gas from the Niobrara formation using horizontal drilling and multi-stage fracking — the two technologies behind most modern U.S. oil and gas development.

Horizontal wells reach targets from a single surface pad and extend a mile or more underground, concentrating activity on a small number of pads rather than many scattered sites.

iii.Project timeline

Two decades of deliberate development.

Phase 12005 – 2015

Exploration, geological study, and acreage assembly.

Phase 22015 – 2018

Initial discovery wells.

Phase 32016 – 2025

Federal unit established; infrastructure built; federal and state permitting completed.

Upcoming2026

Exploratory drilling.

Upcoming2027

Expanded exploratory drilling anticipated.

iv.Responsible development

Smaller on the land by design.

The 63,000-acre federal unit lets the project develop the full resource with fewer, longer wells. Pipeline and access infrastructure is coordinated across the unit rather than duplicated site by site.

i. A small footprint by design

At full development, surface use is expected to total approximately 250 acres — less than half of one percent of the unit area.

ii. Regulatory framework

Operations are conducted under the authority of the Colorado Energy and Carbon Management Commission, the U.S. Bureau of Land Management, and other applicable federal, state, and county regulators. These frameworks govern siting, construction, emissions, water use, reclamation, and closure.

iii. Conservation alignment

The Welba Peak Group has contributed to the formation of conservation easements aligned with the project's development plan, supporting work by area ranchers, Colorado Parks and Wildlife, and Colorado Open Lands.

v.About & contact

The operator.

The Welba Peak Project is owned and developed by Welba Peak, which holds the leases, rights-of-way, wells, pipelines, and facilities. The group is responsible for day-to-day operations.

The Welba Peak Group comprises five experienced oil and gas companies and has been active in northwest Colorado for more than twenty years. With over 250 years of combined land management, geology, engineering, pipeline, and marketing experience, the owners of the group have a proven track record of benefiting the communities where they operate — with experience in Ohio, Texas, Colorado, Kansas, Nebraska, and West Virginia.

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