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Niobrara Shale in the US, 2012 - Oil Shale Market Analysis and Forecasts to 2020 - Product Image

Niobrara Shale in the US, 2012 - Oil Shale Market Analysis and Forecasts to 2020

  • Published: March 2012
  • Region: United States
  • 49 pages
  • GlobalData

FEATURED COMPANIES

  • Devon Energy Corporation
  • EOG Resources Inc.
  • Noble Energy Inc.
  • MORE

Niobrara Shale in the US, 2012 - Oil Shale Market Analysis and Forecasts to 2020

Summary

GlobalData's new report “Niobrara Shale in the US, 2012 - Oil Shale Market Analysis and Forecasts to 2020” provides insight into the exploration and development activities in the Niobrara shale play.The report highlights the gas exploration potential of the Niobrara shale play, providing details of the key exploration areas, and the major exploration companies, in the US. The report also describes the essential parameters for Niobrara shale exploration and production, providing an overview of the various strategic developments for deals in the Niobrara shale in the US.

Scope

The report analyzes Niobrara shale oil and gas exploration and production activities in the US. The scope of the report includes -
- An overview of the oil and gas exploration in the Niobrara shale.
- Discussion of the drivers of the shale oil and gas exploration in the Niobrara shale.
- An overview of the competitive landscape of shale gas exploration in the Niobrara shale and details of the major companies operating in the region.
- Current exploration and production statistics READ MORE >

1
1

1.1 List of Tables
1.2 List of Figures
2 Introduction
2.1 Overview
2.2 Report Guidance
3 Niobrara Shale Play Overview
3.1 Niobrara Shale Play, Location
3.2 Niobrara Shale Play, Leasing Details
3.2.1 Land Lease Sale, May 2011 (State Land)
3.2.2 Land Lease Sale, November 2011 (State Land)
4 Niobrara Shale, Operational Overview
4.1 Niobrara Shale, Initial Production Rates
4.2 Niobrara Shale, Planned Wells
4.3 Niobrara Shale, Planned Rigs
4.4 Niobrara Shale, Well Profile
4.5 Niobrara Shale, Production Trends, 2007–2020
4.5.1 Historical Production, 2007–2011
4.5.2 Historical and Production Forecast, 2007–2020
4.6 Niobrara Shale, Cost Trends, 2012
4.6.1 Well Cost
4.6.2 Finding and Development Cost
4.6.3 Capital Expenditure by Major Companies
4.7 Niobrara Shale, Drilling Activity, 2011–2012
4.8 Niobrara Shale, Major Drilling Activities in Colorado, 2011–2012
4.8.1 Colorado, Drilling Activities by Field
4.8.2 Colorado, Drilling Activities by Company
4.9 Niobrara Shale, Major Drilling Activities in Wyoming, 2012
4.9.1 Wyoming, Drilling Activities by County
4.9.2 Wyoming, Drilling Activities by Company
5 Niobrara Shale, Competitive Landscape
5.1 Niobrara Shale, Major Companies by Acreage, 2012
5.2 Niobrara Shale, Major Companies by Production, 2011
5.2.1 Colorado Niobrara Shale, Major Companies by Production, 2011
5.3 Niobrara Shale, Operational Analysis of Major Companies
5.3.1 Anadarko Petroleum Corporation
5.3.2 Noble Energy Inc.
5.3.3 Chesapeake Energy Corporation
5.3.4 Devon Energy Corporation
5.3.5 EOG Resources Inc.
6 Niobrara Shale, Mergers and Acquisition Activity in the Play, 2010–2012
7 Appendix
7.1 Abbreviations
7.2 Methodology
7.2.1 Coverage
7.2.2 Secondary Research
7.2.3 Primary Research
7.2.4 Expert Panel Validation
7.3 Contact Us
7.4 Disclaimer

1.1 List of Tables
Table 1: Niobrara Shale, Key Characteristics, 2012-
Table 2: Total Amount Received in State Lease Rounds, Wyoming, ($m), 2008–2011
Table 3: State Lease Sale, Major Companies By Investment, Wyoming, ($m), May 2011
Table 4: State Lease Sale, Acreage by Counties, Acres, Wyoming, May 2011
Table 5: State Lease Sale, Major Companies By Investment, Wyoming, ($m), November 2011
Table 6: State Lease Sale, Acreage by Counties, Acres, Wyoming, November 2011
Table 7: Niobrara Shale, Wells Drilled and Initial Production Rates for Anadarko Petroleum Corporation, November 2011
Table 8: Niobrara Shale, Recent Wells Drilled and Initial Production Rates, 2011
Table 9: Niobrara Shale, Planned Wells by Major Companies, 2012-
Table 10: Niobrara Shale, Planned Wells by Major Companies, 2011-
Table 11: Niobrara Shale, Planned Rigs by Companies, 2012-
Table 12: Niobrara Shale, Planned Rigs by Companies, 2011-
Table 13: Niobrara Shale, Historical Crude Oil and Natural Gas Gross Production, The US, MMboe, 2007–2011-
Table 14: Colorado, Historical Gross Production from the Niobrara Shale (MMboe), 2007–2011-
Table 15: Wyoming, Historical Gross Production from the Niobrara Shale (MMboe), 2007–2011-
Table 16: Niobrara Shale, Expected Gross Production, MMboe, 2007–2020
Table 17: Niobrara Shale, Cost Per Well ($m/well), 2012-
Table 18: Niobrara Shale, Finding and Development Cost ($/boe), 2012-
Table 19: Niobrara Shale, Planned Capital Expenditure by Major Companies, ($m), 2012-
Table 20: Niobrara Shale, Planned Capital Expenditure by Major Companies, ($m), 2011
Table 21: Niobrara Shale, Colorado, Number of Well Permits, November-December 2010, January-December 2011, and January 1-January 17, 2012
Table 22: Niobrara Shale, Colorado, Total Number of Well Permits by Field, January 1, 2012–February 17, 2012-
Table 23: Niobrara Shale, Colorado, Total Number of Well Permits by Field, 2011-
Table 24: Niobrara Shale, Colorado, Total Number of Well Permits by Companies, January 1, 2012–February 17, 2012-
Table 25: Niobrara Shale, Colorado, Total Number of Well Permits by Companies, 2011-
Table 26: Niobrara Shale, Wyoming, Total Number of Horizontal Well Permits by Counties, 2012-
Table 27: Niobrara Shale, Wyoming, Number of Horizontal Well Permits by Company, 2012-
Table 28: Niobrara Shale, Top Companies by Acreage, Net Acres, 2012-
Table 29: Colorado, Niobrara Shale, Major Companies by Production, MMboe, 2011-
Table 30: Noble Energy Inc, Niobrara Shale, Key Operational Parameters, 2012-
Table 31: Chesapeake Energy Corporation, Niobrara Shale, Key Operational Parameters, 2012-
Table 32: Devon Energy Corporation, Niobrara Shale, Key Operational Parameters, 2012-
Table 33: EOG Resources Inc, Niobrara Shale, Key Operational Parameters, 2012-
Table 34: Niobrara Shale, Major Merger and Acquisitions, 2012-

1.2 List of Figures
Figure 1: Niobrara Shale, Historical and Forecast Gross Production, MMboe, 2007–2020
Figure 2: Niobrara Shale, Historical Gross Production from Colorado, MMboe, 2007– 2011
Figure 3: Niobrara Shale Formation, Northeastern Colorado, Stratigraphy, 2012-
Figure 4: Total Amount Received in State Lease Rounds, Wyoming, ($m), 2008–2011
Figure 5: State Lease Sale, Major Companies By Investment, Wyoming, ($m), May 2011
Figure 6: State Lease Sale, Some of the Major Companies Acreage by Counties, Acres, Wyoming, May 2011
Figure 7: State Lease Sale, Major Companies By Investment, Wyoming, ($m), November 2011
Figure 8: State Lease Sale, Some of the Major Companies Acreage by Counties, Acres, Wyoming, November 2011
Figure 9: Niobrara Shale, Well Profile, 2012-
Figure 10: The US Niobrara Shale, Historical Crude Oil and Gas Gross Production, MMboe, 2007–2011-
Figure 11: Colorado, Historical Gross Production from the Niobrara Shale, MMboe, 2007–2011-
Figure 12: Wyoming, Historical Gross Production from the Niobrara Shale, MMboe, 2007–2011-
Figure 13: Niobrara Shale, Expected Gross Production, MMboe, 2007–2020
Figure 14: Niobrara Shale, Colorado, Number of Well Permits, November–December 2010 and January–December 2011, and January 1–February 17, 2012-
Figure 15: Niobrara Shale, Colorado, Top 10 Field Names by Well Permits, January 1, 2012–February 17, 2012-
Figure 16: Niobrara Shale, Colorado, Top 10 Field Names by Well Permits, 2011-
Figure 17: Niobrara Shale, Colorado, Total Number of Well Permits by Companies, January 1, 2012– February 17, 2012-
Figure 18: Niobrara Shale, Colorado, Total Number of Well Permits by Companies, 2011-
Figure 19: Niobrara Shale, Wyoming, Major Counties by Horizontal Well Permits, 2012-
Figure 20: Niobrara Shale, Wyoming, Major Companies by Horizontal Well Permits, 2012-
Figure 21: Niobrara Shale, Top Companies by Acreage, Net Acres, 2012-
Figure 22: Colorado, Niobrara Shale, Major Companies by Gross Production, MMboe, 2011-
Figure 23: Noble Energy Inc, Operational Map, Niobrara Shale, November 2011

“Niobrara Shale in the US, 2012 - Oil Shale Market Analysis and Forecasts to 2020” is the latest report from the industry analysis specialist GlobalData to provide insight into oil and gas exploration, production, and development in the Niobrara shale play. The report highlights the oil and gas exploration potential of the Niobrara shale play, providing details of the key exploration areas and major exploration companies in the US. The report also provides an understanding of the essential parameters for leasing in Colorado and Wyoming states.

Niobrara Shale Development Will Support Oil Growth in the US

The Niobrara shale has emerged as one of the most promising oil-producing shales in the US. Total gross production from the Niobrara formation increased at a growth rate of 10.44% between 2009 and 2011, and grew at a Compound Annual Growth Rate (CAGR) of 4.6% between 2007 and 2011.

The shale is currently witnessing substantial growth in oil gross production, especially in the DJ Basin and Powder Basin of the Niobrara play. Oil gross production in the Niobrara shale increased from approximately 0.48 MMboe in 2007 to 3.7 MMboe in 2011, at a CAGR of 66.03%. A large part of this increase can be attributed to the Colorado Niobrara shale formation.

Colorado Experiencing a Significant Increase in Production

Niobrara shale gross production from Colorado accounted for nearly 87% of the total gross production from the Niobrara Shale Play in the US and significantly outpaced the gross production from the adjoining state of Wyoming in 2011. In Colorado, gross production from the Niobrara play increased substantially, going from 8.34 MMboe to 8.85 MMboe during 2007–2011. Oil gross production from the Colorado Niobrara shale formation increased from 0.34 MMboe in 2007 to 2.67 MMboe in 2011 at a CAGR of approximately 67.1%. Therefore, oil produced from the Colorado state has contributed greatly to the recent growth in gross production from the Niobrara shale play in the US.

Anadarko Petroleum Corporation
Noble Energy Inc.
Chesapeake Energy Corporation
Devon Energy Corporation
EOG Resources Inc.

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