PDC Energy, Inc. engages in the exploration and production of oil and natural gas. The company is headquartered in Denver, Colorado and currently employs 616 full-time employees. The firm acquires, explores, and develops properties for the production of crude oil, natural gas and natural gas liquids (NGLs), with operations in the Wattenberg Field in Colorado and the Delaware Basin in west Texas. Its operations in the Wattenberg Field are focused on the horizontal Niobrara and Codell plays, and its Delaware Basin operations are primarily focused on the horizontal Wolfcamp zones. The firm owns an interest in approximately 4,100 gross productive wells. The firm's wholly owned subsidiaries include PDC Permian, Inc., and Pioneer Water Pipeline LLC.