Anticline

U.S. Shale Gas Lifting E&P Proven Reserves

Onshore drilling efficiencies in domestic shale gas plays continue to increase, per-unit costs continue to fall, and together, they given a big boost to operators’ proven reserves, by one calculation.

June 14, 2013

Wyoming Air Quality Debated ‘Til the Cows Come Home’

The Bureau of Land Management (BLM) in Wyoming may begin measuring annual methane emissions not just from Wyoming’s natural gas and oil producers in the Jonah and Pinedale Anticline fields, but from cattle on public lands as well, after the Upper Green River Valley is designated as an air quality nonattainment area.

June 22, 2012

Ultra Now Triple Threat with Niobrara Purchase

Driven by record natural gas output from core holdings in the Pinedale Anticline of Wyoming and the Marcellus Shale in Pennsylvania, Ultra Petroleum Corp. on Wednesday reported quarterly profit numbers that beat Wall Street’s expectations. The Houston producer also disclosed that it established a third core area, almost 100,000 net acres in the liquids-prone Niobrara formation of the Denver-Julesburg (DJ) Basin of Colorado.

August 15, 2011

Ultra Adds Niobrara; Sees Record Output in Pinedale, Marcellus

Driven by record natural gas output from core holdings in the Pinedale Anticline of Wyoming and the Marcellus Shale in Pennsylvania, Ultra Petroleum Corp. on Wednesday reported quarterly profit numbers that beat Wall Street’s expectations. The Houston producer also disclosed that it established a third core area, almost 100,000 net acres in the liquids-prone Niobrara formation of the Denver-Julesburg (DJ) Basin of Colorado.

August 11, 2011

Gas Drilling in Pinedale, Marcellus Looks Stronger for 2011

“High return” natural gas plays like the Marcellus Shale and Colorado’s Pinedale Anticline, which generate profits even at sub-$4/Mcf gas prices, should see rig activity jump a total of 18% over the coming year, according to an analysis by Raymond James & Associates Inc.

December 20, 2010

Gas Drilling in Pinedale, Marcellus Looks Stronger for 2011

“High return” natural gas plays like the Marcellus Shale and Colorado’s Pinedale Anticline, which generate profits even at sub-$4/Mcf gas prices, should see rig activity jump a total of 18% over the coming year, according to an analysis by Raymond James & Associates Inc.

December 14, 2010

Questar E&P Returning Shut-in, Curtailed Wells to Production

Questar Corp.’s exploration and production (E&P) unit, whose onshore development extends from the Haynesville Shale to the Pinedale Anticline, is ramping up curtailed and shut-in natural gas wells that it deferred earlier this year, the company said Tuesday.

October 28, 2009

Wyoming Governor to Support BLM’s Pinedale Anticline Plan

Wyoming Gov. Dave Freudenthal has changed course and put his support behind a federal plan to manage oil and natural gas development on the Pinedale Anticline, which allows, among other things, up to 4,000 new wells to be drilled.

September 15, 2008

Wyoming Governor to Support BLM’s Pinedale Anticline Plan

Wyoming Gov. Dave Freudenthal has changed course and put his support behind a federal plan to manage oil and natural gas development on the Pinedale Anticline, which allows, among other things, up to 4,000 new wells to be drilled.

September 15, 2008

Industry Briefs

Houston-based Ultra Petroleum Corp. is exiting the international arena to focus its “full attention” on its legacy asset in the Pinedale Anticline field, CEO Michael D. Watford said. Ultra agreed to sell Sino-American Energy Co., which represents all of its interests in Bohai Bay, China, to SPC E&P (China) Pte Ltd. for $223 million. The reserve volumes sold represent all of Ultra’s international assets and comprise about 1% of its year-end 2006 proved reserves. The sale is expected to close in 4Q2007. Even with the sale of the international assets, Watford said Ultra still expects to deliver more than 20% organic production growth in 2008 and 2009.

September 28, 2007
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