GMX Resources Reports completion of Three Forks Horizontal well

Quick snapshot of the activity in GMX Reources near future. (including Bakken, Three Forks, & Niobrara)  Find it interesting that they may be entertaining the sale of some Niobrara assets.  Check it out:
GMX Resources

Samson Oil & Gas update on the Defender

Samson Oil & Gas moves forward with its Niobrara prospects in Goshen County, Wyoming.
Defender US33 #2-29 H Update 8-18-11

Chesapeake Gets Ok for Drilling and Spacing

Chesapeake Spacing in CO

Samson Oil and Gas Operational Update Released

The following link contains information from May 26th, 2011 on Samson's Everett #1-15H and Earl #1-13H in the Bakken, and the Defender US 33 #2-29H in the Niobrara formation.

Samson Oil and Gas Update 05/26/2011

Devon Energy gets approval to Drill for oil in Campbell County WY

Devon Energy's Waterbuck oil well permit was just approved on 04/07/2011.  This permit is issued for Campbell county WY and will target the Niobrara formation.  The full report from WOGCC's website is listed below:

Devon Energy - Waterbuck

Marathon turns over Niobrara shale interest

Marathon News
Marathon Newspaper

Niobrara investor information

If your looking for a place to get information more specific to the Niobrara formation check out this link.  I will add this link to my resources list as well so it can be easily found later on.

Niobrara Shale Blog

Oil and Gas by the Numbers 03/25/2011

Good Afternoon! There are lots of new things going on in the oil and gas world this week.  The price of oil this afternoon is currently at $105.13/barrel.  I am interested to see what impact the new permits in the Gulf will have on future oil prices.  I am also watching the new list of permits requested in the Niobrara on the Wyoming side of the formation.  National rig count is up again by a total of 18 rigs. That is about twice the jump we have seen so far this month.

Rig Count

updated 03/25/11

• United States Total:  1738 (an increase of 18 rigs from last week)
• TX: 766
• LA: 176
• OK: 156
• ND: 155
• PA: 104
• NM: 77
• CO: 71
• WY: 38
• CA: 42
• AK: 6

For more information and other state counts please check out: Baker Hughes - Rig Count

Permits Issued for Drilling

03/18/11 thru 03/24/11

TX: 525 (approved new drill permits)

ND: 31 (snow storm shut down whole state, may have dropped numbers for one day)

MT: no new numbers reported

CA: no new numbers reported

WY: 85 (oil/gas and CBM)

Gasoline Prices

03/24/11

National Average: $3.556/gal

US Low: WY $3.318/gal

US High: HI $4.247/gal





PDC adds it's name to the companies drilling the Niobrara

PDC Energy expects to make is appearance in the Niobrara this year.  PDC reports that it intends to drill 10 wells in the formation were others are holding tight to acreage.  PDC is joining Chesapeake Energy, EOG Resources, Noble Energy, and Anadarko Petroleum in the list of companies with exposure in the Niobrara, Wattenberg Core.
For a full report please see the following link:
PDC plans Niobrara well push - Upstream Online

Rex strikes out in Niobrara (BJB 34-14H)

Rex strikes out in Niobrara - Upstream Online

GMX Resources shows renewed commitment to Bakken & Niobrara acreage

GMX just announced that it has stepped up to the plate to further its exploration and development of the Bakken, Niobrara, and Haynesville/Bossier core areas. Company news reports that GMXR has added three new employees to its Land Department. In addition to the Land Managers added specifically to the Bakken and Niobrara acreage areas, GMXR is opening a regional office in Denver, CO that will serve as the working office for both shale plays. GMXR reports that the Denver office will be fully functional by the end of March.

For a full press release on this information please see the following link:
GMXR Investor Relations - Press Releases

Niobrara Formation Education - Energy on the Rocks

I just happened upon a link that looks to be a really good seminar.  The Rocky Mountain Section of the AAPG (American Association of Petroleum Geologists) is doing a Niobrara focus for their 2011 annual meeting.  They will be offering a field trips, core workshops, plenary session, and a core museum all focused on the Niobrara.  From a glance at the schedule it looks to be a very informative look at the formation, geology behind the oil, and exploration movements in the area.

If you are interested in the 2011 Annual Meeting you can find out more at:
Rocky Mountain Section AAPG Annual Meeting -Niobrara Focus

Samson Oil and Gas Announces Partnership to Develop in Wyoming Niobrara

Samson Oil - Niobrara