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Keyword: niobrarabeast

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  • The Niobrara Beast

    10/18/2013 5:51:05 PM PDT · by ckilmer · 29 replies
    WPX ENERGY MAKES DISCOVERY IN NIOBRARA FORMATION Results Build Upon Previous Mancos Success TULSA, Okla. – WPX Energy’s (NYSE:WPX) successful Niobrara shale discovery in western Colorado has the potential to significantly increase the company’s natural gas reserves and daily production in ensuing years. The discovery well produced an initial high of 16 million cubic feet per day at a flowing pressure of 7,300 pounds per square inch. The well has since been choked back substantially to optimize reservoir performance and ensure maximum resource recovery. Over the past 30 days, it produced at an average rate of 12 million cubic feet...