Piceance/Uinta Tight Gas

Piceance/Uinta Description ImageThe Piceance and Uinta basins are in northeastern Utah and northwestern Colorado. Both the Piceance and Uinta are tight gas resources plays. The primary target of gas development has been the Williams Fork formation, of Cretaceous age, in the Mesaverde group. The Williams Fork is a several-thousand-foot thick section of shale, sandstone, and coal deposited in a coastal plain environment. The formation has long been known to contain natural gas. However, the sandstone reservoirs have low permeability and limited areal extent, which made gas wells uneconomic in the past.

Key players in the Piceance and Uinta resource plays include Chevron, Encana, ExxonMobil, Noble Energy, Bill Barrett Corp., Antero Resources, Delta Petroleum, Laramie Energy, and Harvest Natural Resources – to name just a few.

Piceance/Uinta Map

 

Piceance/Uinta News

COMPANY NEWS: Apache to acquire Repsol-YPF's Egyptian interests

Jan 29, 2001 Apache Corp., Houston, continues to wield its purchasing power in scooping up more assets that will strengthen its core areas of operations.

Canadian prospects push toward 30-tcf North American natural gas market

Jan 22, 2001 During the 1990s, expectations for significant growth in North American gas demand strengthened.

Worldwide E&P spending expected to jump sharply in 2001

Jan 8, 2001 Worldwide spending on exploration and production of oil and natural gas will jump more than 19% next year, based on what Lehman Bros. called "the largest, most comprehensive study ever" of capital spending plans by independent and integrated operators.

OGJ Newsletter

Sep 11, 2000 $5/Mcf gas looms as US heat wave hampers gas injection
The surge in US cooling load demand as temperatures routinely topped 100° F. across much of the Sun Belt last week has weakened natural gas storage injections at a time when the pace of storage refill needs to remain robust if the Nov. 1 heating season onset target of 3 tcf is to be met.

Area Drilling

Sep 20, 1999 ENI units and Enterprise Oil plc look toward eventual gross production of more than 100,000 b/d of oil from the Val d'Agri development in the southern Appenines.

Pipelines, 44 rigs facilitate Powder River basin coal gas play

Sep 20, 1999 Several dozen operators are forging ahead in the burgeoning Powder River basin coalbed methane play, one of the largest U.S. drilling programs in terms of number of wells.

INDUSTRY BRIEFS

Sep 13, 1999 Shell Eastern Petroleum Pte. Ltd.
and Germany's BASF AG formed a joint venture to build a $500 million petrochemical plant in Singapore. The JV, called Basell Eastern (Pte.) Ltd., will construct the plant on Singapore's Jurong Island. The plant will produce 550,000 metric tons/year of styrene monomer and 250,000 tons/year of propylene oxide. Start-up is slated for second half 2002.

Area Drilling

Apr 26, 1999 CGG Marine launched what it termed the world's largest seismic vessel, the 11,500 ton CGG Aliz?. The 25,000 hp diesel electric vessel can deploy 100 km of streamers from 16 winches. It has full onboard 3D processing and satellite link capability. The energy ministry granted Gustavson Associates Inc., Boulder, Colo., an exploration license on a 350,000 acre North Sea block along the Farsund basin's southern rim.

Naval oil shale lands may hold large Piceance gas potential

Mar 8, 1999 For many years, federal agencies have debated the fate of the Naval Oil Shale Reserves by juxtaposing the value of their natural resources and recreational value against ongoing operating costs. Recently, the decision was made to commence divestiture of these properties, and the Bureau of Land Management was instructed to conduct lease auctions.

Snyder and Santa Fe agree to form $1 billion company

Feb 1, 1999 Santa Fe, Snyder Combined Operations [93,834 bytes] Fort Worth's Snyder Oil Corp. and Houston's Santa Fe Energy Resources have revealed some of the details and expected benefits of their planned merger (OGJ, Jan. 18, 1999, Newsletter). The two independents signed a definitive agreement to form an independent exploration and production company with a market capitalization of more than $1 billion. The new firm, called Santa Fe Snyder Corp., will combine Snyder's strong position in the

China coalbed methane reaches turning point

Jan 25, 1999 Phillips Petroleum Co. conducts wire line coring operations at the LXC-003 coalbed methane exploration well in Shanxi Province, China. Whereas 1.1 tcf of coalbed methane (CBM) was produced in the U.S. during 1997, some 6% of total U.S. natural gas production, E&P efforts overseas have yet to achieve a major commercial success for this promising natural gas resource. China's conventional natural gas production is small, about 2.0 bcfd. Indeed, the 2.5 bcfd of coalbed gas produced in the U.S.

Advances, needs highlighted for deep U.S. gas drilling

Nov 30, 1998 Economics of U.S. deep gas exploration and production have improved significantly the past 3 years, one speaker told Gas Research Institute's Second Deep Gas Forum in Denver in mid-October. Purpose of the 2 day meeting was to discuss the latest practices and technologies for improving deep gas exploration and lowering development costs. Depths considered are generally 15,000 ft and deeper, although the principles apply to many reservoirs several thousand feet shallower.

Newsletter

Nov 9, 1998 U.S. Industry Scoreboard 11/9 [43,903 bytes] So weak are oil market fundamentals that even another outburst by Iraqi President Saddam Hussein has done nothing to revive prices.

More data point to potential in S. Colorado sub-basin

Sep 1, 1997 Lexam Explorations (U.S.A.) Inc. encountered strong shows of oil in 27 of 42 shallow gold exploration wells it drilled in 1992-93 along the west flank of the Sangre de Cristo mountains in south central Colorado. This also happens to be the east flank of the Tertiary San Luis basin, an area that conventional wisdom rejected for oil exploration due to the erroneous interpretation that all of the Paleozoic and Mesozoic sections were eroded away during the Lara- mide.

INDUSTRY BRIEFS

Nov 11, 1996 U.S. Energy Department approved sale of another 1.9 million bbl of oil from the Strategic Petroleum Reserve for $39.5 million (OGJ, Nov. 4, p. 38). Successful bidders for crude from the West Hackberry site near Lake Charles, La., were Texaco Trading, which bought one batch of 200,000 bbl for $20.82/bbl and another for $20.57/bbl, and Coastal States Trading, which bought 900,000 bbl for $20.95/bbl and 600,000 bbl for $20.70/bbl. Huntsman Corp.,

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