Niobrara positive feel grows on cautious EOG

By OGJ editors
HOUSTON, Aug. 11
-- EOG Resources Inc. said its comfort level is rising slowly in the Niobrara shale oil play in the Denver basin as it awaits more well production history before formulating reserves estimates.

Whether the heavily fractured reservoir’s size will be very large or more moderate remains uncertain, EOG said.

Running four exploratory rigs on 100,000 of its 400,000 net acre position, EOG said its Crittter Creek 2-03H and 4-09H wells are producing at managed restricted rates of 570 and 600 b/d of oil after staged fracs in 5,500-ft laterals in Niobrara. EOG has 100% working interest.

Critter Creek, part of the company’s Hereford prospect, is southwest of the company’s Jake 2-01H discovery well, in 1-11n-63w, Weld County, Colo. (OGJ Online, Apr. 19, 2010).

The early Jake and Elmer wells have produced 150,000 bbl/well in their first 6 months on line and appear to be stabilizing at 150 b/d each.

Having drilled the first wells on 640-acre spacing, EOG has begun testing closer spacing. The company is monitoring the contribution to production from formation fractures vs. the matrix and believes the matrix is kicking in in some but not all wells. And it is still experimenting with stimulation methods.

EOG said it mapped the entire basin when deciding to establish the play. It avoided Silo itself, a sweet spot developed in Laramie County, Wyo., in the 1980s, because it appeared largely developed short of extension or infill potential. However, EOG does hold acreage north and south of Silo.

Related Articles

IHS: Eagle Ford completions pending

04/20/2015 US oil producers operating in the Eagle Ford shale in South Texas built an inventory of nearly 1,400 drilled but uncompleted (DUC) wells, said an a...

EOG Resources' budget down 40% to $4.9-5.1 billion

03/02/2015 EOG Resources Inc., Houston, plans a capital budget of $4.9-5.1 billion in 2015 including production facilities and midstream expenditures, represe...

EOG Resources’ budget down 40% to $4.9-5.1 billion

02/20/2015 EOG Resources Inc., Houston, plans a capital budget of $4.9-5.1 billion in 2015 including production facilities and midstream expenditures, represe...

EOG Resources sells bulk of Canadian assets

12/09/2014 EOG Resources Inc., Houston, has divested all its Manitoba assets along with certain assets in Alberta in two separate deals that closed on Nov. 28...

EOG Resources improves Eagle Ford completions

10/16/2014 EOG Resources Inc. said completion design advances in the Eagle Ford shale contributed to several noteworthy well results in the second quarter.

Houston launches Energy High

03/10/2014 Last summer this editor had the opportunity to visit two corporate-backed oil and gas apprenticeship programs in Scotland. Aberdeen College and For...

Record Barnett HC content seen in combo play

12/02/2009 Hydrocarbon content in the thickest part of the Mississippian Barnett shale combo play in North Texas is so great that even 2-3% recovery is highly...

EOG sees reserve hike in Barnett Combo play

11/06/2009 Improved horizontal completion techniques in the North Texas Barnett Combo play have led EOG Resources Inc. to estimate that ultimate recoveries in...

Texas-East

11/06/2009 EOG Resources Inc. has expanded its acreage position in the Haynesville shale play to 153,000 net acres after adjusting for the expected exercise o...
White Papers

2015 Global Engineering Information Management Solutions Competitive Strategy Innovation and Leadership Award

The Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global...
Sponsored by

Three Tips to Improve Safety in the Oil Field

Working oil fields will always be tough work with inherent risks. There’s no getting around that. Ther...
Sponsored by

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by
Available Webcasts


OGJ's Midyear Forecast 2015

When Fri, Jul 10, 2015

This webcast is to be presented by OGJ Editor Bob Tippee and Senior Economic Editor Conglin Xu.  They will summarize the Midyear Forecast projections in key categories, note important changes from January’s forecasts, and examine reasons for the adjustments.

register:WEBCAST


Predictive Analytics in your digital oilfield - Optimize Production Yield and Reduce Operational Costs

When Tue, Jul 7, 2015

Putting predictive analytics to work in your oilfield can help you anticipate failures, plan and schedule work in advance, eliminate emergency work and catastrophic failures, and at the same time you can optimize working capital and improve resource utilization.  When you apply analytic capabilities to critical production assets it is possible to reduce non-productive time and increase your yield.

Learn how IBM's analytics capabilities can be applied to critical production assets with the goal of reducing non-productive time, increasing yield and reducing operations costs.

register:WEBCAST



On Demand

Cognitive Solutions for Upstream Oil and Gas

Fri, Jun 12, 2015

The oil & gas sector is under pressure on all sides. Reserves are limited and it’s becoming increasingly expensive to find and extract new resources. Margins are already being squeezed in an industry where one wrong decision can cost millions. Analyzing data used in energy exploration can save millions of dollars as we develop ways to predict where and how to extract the world’s massive energy reserves.

This session with IBM Subject Matter Experts will discuss how IBM Cognitive Solutions contribute to the oil and gas industry using predictive analytics and cognitive computing, as well as real time streaming for exploration and drilling.

register:WEBCAST


The Alternative Fuel Movement: Four Need-to-Know Excise Tax Complexities

Thu, Jun 4, 2015

Discussion on how to approach, and ultimately embrace, the alternative fuel market by pulling back the veil on excise tax complexities. Taxes may be an aggravating part of daily operations, but their accuracy is crucial in your path towards business success.

register:WEBCAST


Emerson Micro Motion Videos

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected