Niobrara

Niobrara Shale Description ImageThe Niobrara shale formation is situated in northeastern Colorado and parts of adjacent Wyoming, Nebraska, and Kansas. Primarily an oil play, it is in the Denver-Julesburg Basin, which has long been a major oil and gas province. An emerging play, the Niobrara is in its early stages and companies have been busy leasing land for future drilling. It has been compared by some to the Bakken shale formation farther to the north.

Samson Oil & Gas is one of the earliest companies to establish a position in the Niobrara, which some call the “NeoBakken.” Other operators include EOG Resources, Anadarko Petroleum, SM Energy, Noble Energy, Chesapeake Energy, Whiting Petroleum, Quicksilver Resources, MDU Resources, and Bill Barrett Corp. Chesapeake and EOG each have about 400,000 net acres in the Niobrara.

Niobrara Shale Map

Niobrara Shale News

ConocoPhillips acquiring Niobrara acreage from Lario

Jul 29, 2011

ConocoPhillips agreed to acquire up to 46,000 net acres of leasehold in the Niobrara play from Lario Oil & Gas Co. in the Colorado counties of Arapahoe, Adams, Elbert and Douglas.

Barrett expands DJ basin Niobrara position

Jul 13, 2011

Bill Barrett Corp. will pay $150 million to acquire Denver-Julesburg basin properties that target Niobrara oil, bringing its Niobrara position in the basin to more than 67,000 net acres.

DCP Midstream to build Colorado gas plant, gathering system

May 11, 2011

DCP Midstream LLC, Denver, will build a 110-MMcfd natural gas processing plant and high-pressure gathering system in Weld County, Colo., the company announced today. Start up for the $270 million projects targets mid-2013.

Obstacles beyond technology may limit US production, lawmakers told

May 10, 2011

Technological breakthroughs have increased the amount of economically recoverable oil and gas resources in the US, industry experts told the US Senate Energy and Natural Resources Committee, but they warned that amounts that are actually produced will be limited if other challenges aren’t addressed.

Marubeni to buy stake in Marathon's Niobrara shale interests

Apr 7, 2011

Marubeni Denver Julesburg LLC, a subsidiary of Marubeni Corp., agreed to acquire a 30% working interest in Marathon Oil Corp.’s Niobrara shale play within the DJ basin of southeast Wyoming and northern Colorado.

Anadarko to buy BP Wattenberg gas plant

Mar 23, 2011

Anadarko Petroleum Corp. will buy BP America Production Co.’s 93% interest in the Wattenberg processing plant in northeastern Colorado for $575.5 million, closing by midyear.

Chesapeake, CNOOC eye Niobrara in Rockies

Jan 31, 2011

CNOOC Ltd.’s CNOOC International Ltd. will join Chesapeake Energy Corp. in a Niobrara-focused exploration and production program in the Denver-Julesburg and Powder River basins.

OGJ Newsletter

Dec 6, 2010 International News for Oil and Gas professionals

OGJ Newsletter

Oct 18, 2010

OGJ Newsletter

Aug 16, 2010 International News for oil and gas professionals

OGJ Newsletter

Aug 9, 2010 Internatinoal News for oil and gas professionals

San Juan Chaco play has Denver Niobrara elements

Aug 2, 2010 An oil play is under way on the eastern Chaco slope of the San Juan basin in northwestern New Mexico, where 17 zones from 400 ft to 4,000 ft have oil potential, including unconventional oil from the Cretaceous Mancos shale.

OGJ Newsletter

Jul 19, 2010

Amerisur eyes seismic in Paraguay's Parana basin

Jul 12, 2010 Amerisur Resources PLC, Cardiff, UK, said it may shoot seismic on the 8,000-sq km San Pedro block in the Parana basin in Paraguay in 2010 subject to service company availability.

Beach Energy signs PSA for Tanzanian block

Jul 5, 2010 Beach Energy Ltd., Adelaide, has signed a production-sharing agreement with the Tanzanian government for a 100% interest in the Lake Tanganyika South concession in the western part of the country.
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