04/19/2010 05:12 am ET Updated May 25, 2011

Weld County Expected To Experience 'Drilling Frenzy' After Significant Oil Discovery

GREELEY, Colo. -- A Weld County discovery well has the Colorado energy community buzzing after it came in at 1,770 barrels of oil in 24 hours -- far eclipsing the normal 100-150 barrels of oil a day that most Weld County wells produce.

The well was drilled in the Niobrara Formation, just south of the Wyoming border, about eight miles west of Grover, Colo.

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