Exploration & Production
Double Eagle Petroleum Co. Updates Niobrara Well Drill Results
Print
|
Double Eagle Petroleum Co. (NASDAQ: DBLE) announced today that it has completed the drilling of its Atlantic Rim (Greater Green River Basin) exploratory appraisal well and has cased the well to 9,450 feet. Preliminary results indicate that the Niobrara shale is oil charged with natural fractures, and that there are potential productive gas zones beneath the Niobrara formation. Completion is expected to commence in August 2012 as the wildlife stipulations do not allow completion activity in the area from March 1st to August 1st. The target test formations were the Niobrara shale formation (6,800 feet to 8,300 feet), the Frontier formation at 8,700 feet and the Dakota formation at 9,350 feet.
Oil was recovered from the pits, multiple logs were run and core samples taken from 6,800 feet to…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
Rockies News
Why $90 Oil Isn’t Bringing Back the Rigs
Higher oil prices are not translating cleanly into a drilling response across U.S. shale, and company disclosures are starting to show why. The issue is not simply capital…
Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…
Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market…
This Operator Will Chop it's 2026 Rig Count From 34 to 24
ConocoPhillips is setting up 2026 as a lower-intensity, more efficient operating year — with the clearest proof coming from the Lower 48 activity reset following the Marathon integration.…
A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It
A handful of recent transactions and capital raises point to a subtle pattern in North American upstream—one that is easy to miss because each event, on its own,…