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PDC Energy
PDC Energy is an independent exploration and production company founded in 1969 in Denver, Colorado. The company specializes in acquiring, exploring, and...
Overview
PDC Energy is an independent exploration and production company founded in 1969 in Denver, Colorado. The company specializes in acquiring, exploring, and developing unconventional oil and gas resources. PDC Energy was acquired by Chevron in August 2023.
General information
Location
Region
North America
Country
United States
City
Denver
Corporate office
Denver, CO, United States
Sector focus
Frequently asked questions
What was PDC Energy's operational footprint?
PDC held roughly 268,000 net acres in the Wattenberg Field in Colorado's Denver-Julesburg Basin and about 40,000 net acres in the Delaware Basin in West Texas / New Mexico (per SEC filings, 2022). The company drilled both oil- and gas-directed wells across these positions.
Is PDC Energy still an independent entity?
No. PDC Energy ceased to exist as a separate public company after August 2023, when Chevron completed its acquisition. Its employees, assets, and operations were absorbed into Chevron's domestic upstream business. The pdce.com website now redirects to Chevron's corporate site.
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