Industry officials call for patience in slow-moving Niobrara Shale oil play Billings Gazette - Aug 13, 2011 While the Niobrara Shale play in southeast Wyoming has been slow to produce results, efforts in the Douglas area have shown promise. ConocoPhillips Acquires Niobrara Shale Acreage In ColoradoHOUSTON -(Dow Jones)- ConocoPhillips (COP) said Thursday it has agreed to buy 46000 acres in the Niobrara Shale from Lario Oil & Gas in Colorado. 2 Small-Cap Energy Stocks on My RadarWhat's more, this company has amassed more than 70000 net acres in the Niobrara shale. While this company's cash flows and reserves consist mainly of natural gas, Double Eagle may add a meaningful amount of oil to its production and reserve mix as it ... NOREEN: If angst was oil, we'd all be richIs there oil thousands of feet deep, beneath what is known as the Niobrara Shale Formation? The general public doesn't know and if anyone else does, the secret is being closely held. ENSERVCO Reports Revenue Growth of 34% and 49% in Second Quarter and Six-Month ... MarketWatch (press release) - Aug 15, 2011 "Much of our attention during the quarter was focused on launching our North Dakota and Wyoming operations centers, which will serve customers in the Bakken Shale and Niobrara Shale regions, respectively. The lengthy heating seasons in both of these ...  The two faces of ConocoPhillips Petroleum Economist - 2 hours ago The latest, its July purchase of up to 46000 acres in Colorado's Niobrara shale from Lario Oil & Gas. That's not to say it's retrenching to home territory. Recovery Energy Reports Second Quarter Financial Results and Provides ... MarketWatch (press release) - 17 hours ago In addition to being prospective for the Niobrara oil shale formation, the Company's asset base is comprised of current production and reserves from the "J" sand along with extensive leasehold prospective for other hydrocarbon-bearing formations such ... PDC Lifts 2011 Capital Budget, Production Forecast - Quick Facts RTT News - Aug 3, 2011 This production growth exceeds prior 2011 guidance of 44.9 Bcfe, and is expected to come from the Wattenberg Field including the horizontal Niobraradevelopment, Permian Basin and Marcellus Shale development, as well as from the partnership repurchase ... PDC Energy Increases 2011 Capital Budget and 2011 Production Guidance, Expands ... MarketWatch (press release) Three US oil and gas companies file for IPOs The company has exposure to the Bakken shale in North Dakota and Montana, the Denver-Julesburg Basin and the Niobrara shale in the Rocky Mountain region, and the Granite Wash and the Mississippian oil trend in the mid-continent region. Noble Energy's operations boosted by Niobrara Gas Business Briefing - Jul 29, 2011 Noble Energy Inc continues to expand its Niobrara Shale drilling program at Wattenberg, with plans to bring a fifth horizontal rig into the field in the middle of this quarter.  Emerging Shale Oil PlaysThis strategy that has paid off for EOG Resources (NYSE: EOG), the leading oil producer in North Dakota, the Eagle Ford Shale and theNiobrara Shale. Lower entry prices translate into more financial flexibility and superior margins for producers that ... Learn more about oil and gas drilling Two public meetings are scheduled this month to shed light on oil and gas drilling the Niobrara Shale formation which underlies El Paso County. Jason Wangler Thinks Williston Basin Stocks are Hot Oakshire Financial - 21 hours ago Gulfport is also drilling wells in south Louisiana and in the Permian Basin of Texas, and in the Niobrara in the Rockies. It also has some oil sands in Canada.  Carrizo Oil and Gas Q2 profit up on higher productionEagle Ford Shale is an oil-rich basin located in South Texas while Niobrara is in the Denver-Julesberg basin in Colorado. Carrizo Oil & Gas, Inc. Announces Second Quarter 2011 Financial Results and ... MarketWatch (press release) Ultra Petroleum makes bid on Colorado Springs acreageThe swath of 18000 acres known as the Banning Lewis Ranch and near the Niobrara shale was intended to be a master planned community including as many as 75000 homes. Bill Barrett Corporation Reports Second Quarter 2011 Results and Announces ... MarketWatch (press release) - Aug 4, 2011 The Company's DJ Basin exploration is targeting Niobrara oil. McRae Gap - The Company has identified approximately 103000 net undeveloped acres within its acreage position in the area that it considers prospective for Niobrara shale oil. Colorado property owners faced with possibility of being forced into drilling ...The horizontal wells the industry is drilling to capture oil from the Niobrara's shale can extend 5000 feet or more, requiring larger drilling areas that will affect more landowners, Astrella said. Summit aims to answer oil, gas exploration questions The Niobrara Shale formation, the latest fossil fuel find in the area, undercuts much of eastern Colorado and parts of Wyoming, Kansas and Nebraska. Delta Petroleum Corporation Reports Strong Initial Results From the 2C Well ... PR Newswire (press release) - Jul 25, 2011 We believe that this well's result combined with other Delta operated shale wells and similar wells from other operators in the Piceance Basin, validate the resource potential of the Niobrara and Mancos shales in the basin. It is important to note that ...  Marathon Oil Corporation Reports Second Quarter 2011 Results Citybizlist (press release) - Aug 2, 2011 During the second quarter of 2011, Marathon Oil assigned an undivided 30 percent working interest in 180000 acres in the Niobrara Shaleplay, located in southeast Wyoming and northern Colorado, to another company for $270 million, recording a gain of ... |
Wednesday, August 17, 2011
Niobrara Shale Basin News Briefs
Tuesday, August 9, 2011
Samson Drilling Preping for 4 wells in Niobrara B Goshen Co. Wyoming
Samson preparing for new campaign
Australia-listed Samson Oil & Gas is preparing to embark on a four well campaign in the North American states of Wyoming and Montana.
Samson said the rig up of the drilling rig Evergreen Rig-22 had commenced at the Defender US33-2-29H well location on its Hawk Springs project in Goshen County Wyoming.
The Defender US33-2-29H well will be drilled to a total depth of about 7450 feet and a conventional core will be taken from the Niobrara formation.
Samson said the vertical pilot borehole would be plugged back to a kick-off point above the Niobrara and drilled 4300 feet horizontally within the Niobrara B.
The rig will then be moved to drill the Spirit of America US34-1-29 well on the same project which will evaluate multiple conventional targets, including two closed structural traps in the Permian and Pennsylvanian sections.
After drilling operations are completed on the Hawk Spring project the rig will be relocated to Samson’s Roosevelt project in Montana to drill the Australia II KA6 -1-29H and Gretel 11 KA12 -1-30H wells.
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