Exploration & Production | Deals - Joint Ventures | Quarterly / Earnings Reports
Quicksilver, Shell Planning Seven Niobrara Sand Wash Wells
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Quicksilver Resources Inc. has reported an update on its Sand Wash Basin operations.
The company expects to participate with Shell in the drilling and completion of seven Sand Wash wells in 2013. Along with Shell, the company is focusing its near-term efforts on unitizing acreage and further validating geological and geophysical characteristics of the Niobrara formation. A 3D seismic shoot covering approximately 40-square miles was recently completed for drill site selection.
Quicksilver holds approximately 167,000 net acres in the Sand Wash Basin, which the company believes is prospective of oil production from the Niobrara formation. The company has found 1,200 feet of productive Niobrara across 35 miles in an east-to-west band and 15 miles in a north-to-south band across the Sand Wash…
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