Bakken, Crude Oil, North Dakota

Photo by Renae Mitchell, Oil & Gas Industry Photographer

Nicknamed the Mile High City because of its elevation, Denver was established in 1858 just east of the Rocky Mountains as a mining town during the Pikes Peak Gold Rush. Originally known as Denver City, the city was named after Kansas Territorial Governor James W. Denver. At the time, the area was part of Kansas Territory. Later, Denver City’s name was shortened to Denver after it became the capit al of the Colorado territory, which was created in 1861. Completion of the Denver Pacific Railroad in 1870 that linked Denver to the transcontinental railroad enabled Denver to prosper as a supply and service hub.

ENERGY IMPACT

While gold mining brought the first settlers to Denver, companies that are part of the air transportation, telecommunications, aerospace, and manufacturing industries are also found in Denver today. A number of oil and gas companies are also present in Denver, including Halliburton, Noble Energy Inc., Anadarko Petroleum Corp., EnCana Corp., EOG Resources Inc., and GE Oil & Gas.

Innovation in multi-stage hydraulic fracturing and horizontal drilling technology has allowed the oil and gas industry to begin exploring Colorado’s unconventional resources. These resources include shale and tight sands within three basins. Of these plays, the Niobrara currently is the most active, according to a report by the Institute for 21st Century Energy. Some analysts have estimated the Niobrara, which is mainly a liquids-rich play, to hold reserves of approximately 2 billion barrels of recoverable oil reserves, according to the Colorado Oil & Gas Association.

Unconventional oil and gas activity in Colorado created 77,600 jobs in the state in 2012, according to the second part of a report by the Institute for 21st Century Energy into the impact of unconventional resources on the U.S. economy. The number of jobs in Colorado supported by shale activity will grow to 121,398 in 2020 and 175,363 in 2035. Unconventional oil and gas activity contributed value-added economic activity of more than $11 billion in Colorado last year; that contribution is estimated to grow to more than $26 billion by 2035.

The nine-county Metro Denver and northern Colorado region ranked fourth for fossil fuel energy employment and seventh among the nation’s 50 largest metros for clean technology development concentration in 2012, according to the Metro Denver Economic Development Corporation. The energy industry cluster employs more than 44,000 people in the area, and the state of Colorado ranked tenth in fossil fuel energy jobs. Energy research centers and universities such as the National Renewable Energy Laboratory and the Colorado School of Mines are also found in the Denver area.

The energy industry not only has impacted Denver’s economy in real life, but in prime time as well – the popular 1980s TV soap opera, “Dynasty” followed the lives of a wealthy oil family living in Denver.

CITY HIGHLIGHTS

Denver residents can enjoy an active lifestyle, thanks to the city’s proximity to the ski resorts and outdoor recreation opportunities in the Rocky Mountains, as well as the city’s golf courses, dog parks, swimming pools and tennis courts. Not surprisingly, Denver’s access to outdoor recreation opportunities means its residents are among the healthiest in the United States. In 2011, Forbes magazine ranked Denver fifth among America’s Top 20 Healthiest Cities. The city’s overall good weather, performing arts and cultural opportunities, panoramic view of the Rockies and excellent schools make Denver an ideal place to work.

Residents and visitors can glimpse the city’s past at historical sites such as the Molly Brown House – the home of the Unsinkable Molly Brown, an American socialite and philanthropist who survived the sinking of the Titanic – to Denver’s Four Mile Historic Park, which features the city’s oldest standing structure and exhibits of pioneer life in the West. Other landmarks and attractions include Colorado’s state capitol building, the U.S. Mint and Elitch Gardens, an amusement park located in downtown Denver. The city offers something for everyone, from art and science museums to performing arts and sporting events to its aquarium, zoo and botanical gardens.

Author: Karen Boman

Retrieved 8 May 2013. Rigzone.

Consultancy of the Year – Antea Group

Corporate Social Responsibility Initiative of the Year – Aon Corporation

Drilling & Well Services Company of the Year – Marquis Alliance Energy Group

E&P Company of the Year, sponsored by TEEMCO – QEP Resources, Inc.

Engineering Company of the Year, sponsored by Cosential – Spartan Engineering Inc.

Environmental Initiative of the Year, sponsored by Austin Exploration – TEEMCO, LLC

Future Industry Leader – Megan Starr

Health & Safety Initiative of the Year – FTS International

Industry Leader – Mark C. Peterson

Industry Supplier of the Year – Frank Henry Equipment USA, LLC

Insurance Provider of the Year – IMA, Inc.

Law Firm of the Year – Burleson LLP

Manufacturer of the Year – Cobra Manufacturing & Sales LLC

Midstream Company of the Year, sponsored by Spartan Engineering – High Sierra Energy, LP

Recruitment Agency of the Year – Precision Placement Services, Inc.

Terminal of the Year – Savage

Transaction of the Year, sponsored by mergermarket – Encana Oil & Gas (USA) Inc.

Trucking Company of the Year – Brady Trucking, Inc.

Water Management Company of the Year – BeneTerra

Congratulations to all of the 2012 Rocky Mountain Oil & Gas Awards winners. Thanks to all of the sponsors and partners.

For full information on the awards please visit: http://www.oilandgasawards.com/?page_id=12

If you would like to arrange interviews, or review video and photo assets and for anything else please contact: Marc Bridgen on +1 (210) 591 8475 or email marc@oilandgasawards.com.

About the Awards:

The Oil & Gas Awards recognize the outstanding achievements made within the Upstream and Midstream sectors of the North American Oil & Gas Industry. The Awards are a platform for the Industry to demonstrate and celebrate the advances made in the key areas of the environment, efficiency, innovation, corporate social responsibility and health & safety. The Awards show the Industry’s motivation to develop by recognizing and rewarding the efforts of corporations and individuals.

The Oil & Gas Industry is of upmost importance to the U.S. National Economy and instrumental to both National and Energy Security. In its areas of operation the Oil & Gas Industry also plays a key role for local communities and their economies. Through innovation the Industry has driven forward technological developments, which have created a renaissance in the energy sector, enabling the U.S. to tap into one of the worlds largest natural gas reserves. In spite of its significance, the Industry still has its critics and gets more than its fair share of negative press. The Oil & Gas Industry has made great gains in meeting its responsibilities to the environment, to corporate social responsibility and the health & safety of staff and the public alike.

The awards take place in the six main onshore Oil and Gas producing regions of North America, including; Gulf Coast, Mid Continent, Northeast, Rocky Mountain, Southwest and West Coast. The Awards are designed to focus on specific regions of North America to allow geographically relevant organizations the ability to network at the gala dinner, and to ensure successful companies can utilize and benefit from their ‘winners status’ within their business community. In combining the Midstream and Upstream sectors, the awards bring together partners, and enable these co-dependent markets to acknowledge one another’s achievements. A number of the Award categories recognize service providers to the Industry, who play a vital role in its success and contribute to its reputation. The Awards welcome entries from organizations of every size and each entry is judged on its individual merits, and on a level playing field with its competition.

The Awards and the Organizations involved will be publicized in local, national and international trade publications and general press, in the run up to and after each ceremony. The core aim of the Oil & Gas Awards is to advertise and promote the Industry’s drive to improve and develop by rewarding organization’s achievements.

The Oil & Gas Awards mission is to become the most prestigious and sought after Awards in the Industry. The reputation of the Awards is paralleled to those of its judges and the Organizations they represent. To this end, appropriate candidates for the judging panels have been carefully researched and recommendations sought to find Industry thought leaders. Each judging panel consists of a mix of highly respected individuals from market leading E&P and Midstream companies.

For additional information, or to arrange interviews with staff, judges or partners please contact Marc Bridgen, Chief Marketing Officer on +1 210 591 8475 or marc@oilandgasawards.com.