Brighton, Commerce City, Bennett: multi-bench Niobrara and Codell development on the southern edge of Wattenberg, under a lot of suburb.
Adams County is the southern and southwestern extension of Wattenberg, with multi-bench Niobrara and Codell development from large pads. All of it is fee minerals with no federal checkerboard, and ownership is heavily severed and fragmented beneath suburban subdivisions.
The stacking is the valuation story. Niobrara A, B, and C plus Codell are co-developed here, and the well naming makes it obvious. A tract with one producing well frequently supports several more. A mail merge offer prices your current check and assigns the undrilled benches zero, which on Adams County acreage is usually most of the value. When we underwrite here we count remaining locations by bench, state the probability we applied, and show you the work.
The second variable is regulatory. Since SB 19-181, local governments have independent siting authority and may impose requirements stricter than the state's. Adams adopted its own regulations in 2019, and Commerce City, Brighton, Thornton, and Aurora each add review. A 2,000 foot setback from occupied buildings applies. That does not touch producing interests, but it does discount undeveloped acreage in restrictive jurisdictions, and it should show up in the number rather than being ignored.
SB 19-181 also cuts your way if you are unleased: an operator now needs owners of more than 45 percent of the interests to have joined a pooling application before the commission can force pool the rest, and non-consent royalty during payback rose to 13 percent on gas wells and 16 percent on oil wells.
Colorado also follows the first marketable product rule under Rogers v. Westerman Farm Co., so gathering and compression to make gas marketable are not deductible. Send us a legal description.
Developed from single pads across multiple benches. Well names here make the stacking explicit.
Co-developed with the Niobrara and frequently left out of a valuation entirely.
A large legacy shallow gas well population that reflects historic vertical drilling rather than current activity.
Wherever your tract sits in Adams County, we will research it free and value it with the work shown.
Free, no obligation, and no pressure. We reply within one business day, usually faster.
Prefer the phone? Call or text 918-984-1645 and you will get Stephen, the owner, not a call center. If we miss you, we text back the same day.