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Bananarama in the Rockies – Niobrara Takeaway Capacity Expansions
Last week we reviewed prospects for oil production from the Niobrara shale formation in Colorado and Wyoming (see Bananarama in the Rockies). Despite early promise the Niobrara has proven complex to drill successfully but recent optimism from Noble Energy,Anadarko and others suggest that the tide may be turning. Today we take a look at growing takeaway capacity in the Rocky Mountains.