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PDC Energy, Inc. is an independent exploration and production company focused on acquiring, exploring, developing, and producing crude oil, natural gas, and natural gas liquids across key regions in the United States. The company's primary operational areas include the prolific Wattenberg Field situated in Colorado and the strategically vital Delaware Basin located in Texas. These regions are known for their significant reserves and favorable geological formations conducive to hydrocarbon extraction.
As of December 31, 2021, PDC Energy, Inc. maintained interests in approximately 3,500 productive gross wells, underscoring its substantial footprint in the energy sector. Originally established as Petroleum Development Corporation in 1969, the company rebranded itself as PDC Energy, Inc. in June 2012 to reflect its evolving strategic direction and expanded focus within the dynamic oil and gas industry. Headquartered in Denver, Colorado, PDC Energy, Inc. continues to leverage its decades-long expertise and technological advancements to drive sustainable growth and maximize shareholder value.
With a rich legacy spanning over five decades, PDC Energy, Inc. remains committed to operational excellence and responsible resource development. By leveraging advanced drilling techniques and innovative reservoir management practices, the company strives to optimize production efficiencies while maintaining a steadfast commitment to environmental stewardship and community engagement.
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