Exploration & Production
Bill Barrett Doubles DJ Basin Drilling Program
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The Company anticipates drilling or participating in approximately 255 gross/190 net development wells in 2012. The Company’s development program is focused on growth in oil production and reserves.
The Company’s current drilling program includes five rigs in the Uinta Oil Program and three rigs in the DJ Basin Niobrara oil play.
Uinta
Uinta Oil Program (Blacktail Ridge, Lake Canyon, East Bluebell and South Altamont) Current net production is approximately 5,200 Boe/d.
The Company currently has five drilling rigs operating in the area and expects to drill up to 67 gross/47 net operated wells in the area in 2012, plus participate in approximately 40 wells operated by its partner in Lake Canyon. During 2012, the Company seeks to increase recoveries and optimize development of this vast…
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