Natural gas prices have not been kind to E&Ps in recent years, and the impact of low prices has tended to be felt disproportionately by those far from major markets. Hedging can help offset what in some cases are wide regional differentials, but it is basin-specific geology that often plays a key role in ultimate economics. In this regard, the greater Green River Basin (GGRB) has been no exception.

Historically, activity levels in the GGRB have trailed that of other basins for several reasons, including its geology. The geologic makeup of the basin includes a thick, gas-charged section, but the formations—typically sandstones, siltstones and shales—are often discontinuous. These types of reservoirs can often be challenging to tap via long lateral horizontal drilling.

Already have an account? Log In

Thanks for reading Hart Energy.

Subscribe now to get unmatched coverage of the oil and gas industry’s entire landscape.

Get Access