![]() ![]() ![]() The Frontier, Muddy, Mowry, Niobrara, Parkman, Shannon, Sussex, Teapot, Tekla, and Turner formations. The BLM's environmental impact document listed 10 separate stacked play targets, including some from above that have been subdivided…. The Wyoming State Geological Survey are in the middle of all this. The Niobrara is the source rock, meaning where the oil originally came from, and ranges in depth from 6000 – 10,000 ft. In the Cretaceous group of strata, in the southern part of the basin, each of the following layers are potential targets for the new technology of long horizontal wells and multiple fracs (listed by increasing depth): The operator group are anticipating up to 16 close-spaced wellheads on each large drilling pad, and this implies accessing to at least two and maybe several different layers. The stacked play concept means you can produce oil from two or more layers at the same time, using the equipment on just one drilling pad. Occidental are a forward-looking company that is starting to look like a carbon-management company with big plans to capture CO2 from the air and inject it underground to achieve net-zero oil production.Įven though the BLM has signed the Record of Decision, operators will have to apply for well permits that will be based on their own local site reviews. Devon can be labeled as a company who have stamped success in the shale business – first in the Barnett shale, and now in the Delaware basin. CHK (coming out of bankruptcy court), and Northwoods Energy.ĮOG, a carefully managed company, produced 20 million barrels of oil in 2019 and was the leading producer in Wyoming. The companies involved in the project are EOG Resources, Devon Energy DVN, Occidental Petroleum Corp., Chesapeake Energy Corp. But let’s not forget that Converse is just one county. For natural gas, the Converse resource is 2.1 trillion cubic feet compared with 281 trillion cubic feet in the Delaware. This is small-fry compared with the Delaware basin in Texas and New Mexico which at 46 billion barrels is the cherry of all shale oil plays in the US. The USGS evaluated the Converse County resource (Figure 1) and came up with 142 million barrels of recoverable oil. Partly because of this, some big companies such as EOG and Devon jumped in to stake their claim before any of the play was developed. These thickness numbers are much greater than most other oil and gas plays in the USA. In this one respect the resource is similar to the Permian basin which has about 2000 ft of stacked pay. It has 5,000 feet of stacked pay - layers that contain oil and gas – which is an enormous thickness. The Powder River basin in Wyoming is a prospective shale-oil play. Oil wells in the Powder River basin in Wyoming. ![]()
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