Niobrara
The 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
Experts weigh in on M&A market
May 1, 2010
During the past 12 months we have seen a dramatic turnaround in the merger and acquisitions market.
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Samson Oil & Gas to re-enter Niobrara formation
Apr 27, 2010
Samson Oil & Gas Ltd. is looking to re-enter the Niobrara shale formation in the Denver-Julesburg Basin, Wyoming to determine its productive capacity. |
Mariner Energy closer to oily shale with DJ Basin acquisition
Apr 15, 2010
In its goal to obtain oily shale like that found in the Niobrara shale, Mariner Energy Inc. has acquired 100% working interest in nearly 54,000 net acres in the Denver Julesburg Basin from an undisclosed third party. |
Mariner Energy adds to Wyoming oily shale acreage
Apr 13, 2010
Independent oil and gas exploration, development, and production company Mariner Energy Inc. has acquired 100% working interest in roughly 54,000 net acres in the Denver Julesburg Basin (DJ Basin) and believes the acreage is on trend with commerical oily Niobrara Shale. |
Oil shale deal flow heating up in Bakken, Niobrara
Apr 1, 2010
Since January 2009, the oil–to–gas pricing ratio has averaged 15:1, and it doesn't appear as if this will change anytime soon. |
Oil shale deal flow heating up in Bakken, Niobrara
Apr 1, 2010
Since January 2009, the oil–to–gas pricing ratio has averaged 15:1, and it doesn't appear as if this will change anytime soon. |
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