Photo by Renae Mitchell, Oil & Gas Industry Photographer

Nicknamed the Mile High City because of its elevation, Denver was established in 1858 just east of the Rocky Mountains as a mining town during the Pikes Peak Gold Rush. Originally known as Denver City, the city was named after Kansas Territorial Governor James W. Denver. At the time, the area was part of Kansas Territory. Later, Denver City’s name was shortened to Denver after it became the capit al of the Colorado territory, which was created in 1861. Completion of the Denver Pacific Railroad in 1870 that linked Denver to the transcontinental railroad enabled Denver to prosper as a supply and service hub.

ENERGY IMPACT

While gold mining brought the first settlers to Denver, companies that are part of the air transportation, telecommunications, aerospace, and manufacturing industries are also found in Denver today. A number of oil and gas companies are also present in Denver, including Halliburton, Noble Energy Inc., Anadarko Petroleum Corp., EnCana Corp., EOG Resources Inc., and GE Oil & Gas.

Innovation in multi-stage hydraulic fracturing and horizontal drilling technology has allowed the oil and gas industry to begin exploring Colorado’s unconventional resources. These resources include shale and tight sands within three basins. Of these plays, the Niobrara currently is the most active, according to a report by the Institute for 21^st Century Energy. Some analysts have estimated the Niobrara, which is mainly a liquids-rich play, to hold reserves of approximately 2 billion barrels of recoverable oil reserves, according to the Colorado Oil & Gas Association.

Unconventional oil and gas activity in Colorado created 77,600 jobs in the state in 2012, according to the second part of a report by the Institute for 21^st Century Energy into the impact of unconventional resources on the U.S. economy. The number of jobs in Colorado supported by shale activity will grow to 121,398 in 2020 and 175,363 in 2035. Unconventional oil and gas activity contributed value-added economic activity of more than $11 billion in Colorado last year; that contribution is estimated to grow to more than $26 billion by 2035.

The nine-county Metro Denver and northern Colorado region ranked fourth for fossil fuel energy employment and seventh among the nation’s 50 largest metros for clean technology development concentration in 2012, according to the Metro Denver Economic Development Corporation. The energy industry cluster employs more than 44,000 people in the area, and the state of Colorado ranked tenth in fossil fuel energy jobs. Energy research centers and universities such as the National Renewable Energy Laboratory and the Colorado School of Mines are also found in the Denver area.

The energy industry not only has impacted Denver’s economy in real life, but in prime time as well – the popular 1980s TV soap opera, “Dynasty” followed the lives of a wealthy oil family living in Denver.

CITY HIGHLIGHTS

Denver residents can enjoy an active lifestyle, thanks to the city’s proximity to the ski resorts and outdoor recreation opportunities in the Rocky Mountains, as well as the city’s golf courses, dog parks, swimming pools and tennis courts. Not surprisingly, Denver’s access to outdoor recreation opportunities means its residents are among the healthiest in the United States. In 2011, Forbes magazine ranked Denver fifth among America’s Top 20 Healthiest Cities. The city’s overall good weather, performing arts and cultural opportunities, panoramic view of the Rockies and excellent schools make Denver an ideal place to work.

Residents and visitors can glimpse the city’s past at historical sites such as the Molly Brown House – the home of the Unsinkable Molly Brown, an American socialite and philanthropist who survived the sinking of the Titanic – to Denver’s Four Mile Historic Park, which features the city’s oldest standing structure and exhibits of pioneer life in the West. Other landmarks and attractions include Colorado’s state capitol building, the U.S. Mint and Elitch Gardens, an amusement park located in downtown Denver. The city offers something for everyone, from art and science museums to performing arts and sporting events to its aquarium, zoo and botanical gardens.

Author: Karen Boman

Retrieved 8 May 2013. Rigzone.

Data released from the U.S Geological survey on Tuesday shows that 7.4 Billion barrels of oil could be recovered from the Bakken & Three Forks formations of North Dakota and Montana. This figure is more than double the previous estimate in 2008. Why such a large increase? The difference being the previous figure in 2008 was based purely upon the Bakken formation, the new figure comes as 2012 and the first quarter of 2013 have seen huge increases in drilling activity in the Three Forks. Undoubtedly, this new data only emphasizes how important optimizing completions is going to become to future Bakken & Three Forks development if operators are going to fully capitalize on North Dakota and Montana’s monumental shale reserves.

ATTENDEES INCLUDE:

CEOs, COOs, VPs, Directors, Managers, Team Leads & Chiefs Of Completions Engineering, Drilling, Engineering, Geosciences, Geochemistry, Petrophysics
Production, Reservoir Engineering from the below selection of companies…

QEP Energy Company, Sun, Crescent Point Energy, Zenergy, Enerplus, Peregrine Petroleum, WPX Energy, Black Hawk Energy Services, Greenli, OXY USA Inc., Harvest Petroleum Inc, Statoil, Arsenal Energy USA Inc, Whiting Petroleum Corporation, Packers Plus Energy Services, Continental Resources, PCM, Millennium Directional Service USA Ltd, XTO Energy, Dundee Energy Limited, FMC Technologies Completion Services, Inc, True Oil LLC, CARBO Ceramics, EnerVest Operating, TAQA North Ltd, Olympic Exploration & Production Company, FTS International, Kraken Operating LLC, Triangle Petroleum Corporation, Murex Petroleum Corporation, Navajo Nation Oil & Gas Company, Halcon Resources, Abraxas Petroleum Corp, Samson Oil & Gas, Hunt Oil Company, Gaedeke Energy LLC, Emerald Oil Inc, North Plains Energy LLC, Liberty Oilfield Services, Hawkwood Energy, CARBO, Legacy Oil + Gas, True Oil LLC, Samson Resources, Fasken Oil & Ranch, Ltd, Linn Energy, Missouri River Resources, Villanova Oil Corp, Colorado School of Mines, Appalachian Black Shale Group, Denver Geophysical Society, plus many more.

If you have any questions about the event or would like to enquire about group registration discount, then please do not hesitate to call (1) 800 721 3915, or email info@american-business-conferences.com

ONLY 2 WEEKS TO GO UNTIL THE EVENT BEGINS
SECURE YOUR PLACE HERE TODAY...

We spoke with Burr Silver, CEO, Olympic Exploration & Production Company this week who took part in an exclusive interview sharing his views on the importance of mapping the extent, contribution and distribution of both reservoirs to accurately determine sweet spots and fully exploit both resources.

See A Preview Of The Interview Below:

Why is it important to accurately map the extent, contribution and distribution of the Bakken and Three Forks reservoirs to determine sweet spots?

If the Bakken/Three Forks is in fact an unconventional play, a well drilled anywhere in the Williston Basin where the Bakken is mature will recover 80 to 100,000 BO. Of course this is insufficient reserves to make the play profitable. However, if you have accurately mapped the members of the Bakken/Three Forks, you will have a better chance to predict sweet spots. Elm Coulee Field is an excellent example where facies mapping of the Bakken middle member along with production from vertical wells isolated a sweet spot. However, production from Bakken/Three Forks is a result of the sum of the history of the Williston Basin. For example, Antelope Field is a Bakken/Three Fork sweet spot caused by maximum flexure on a Laramide structure. Another possible natural fracture play could be produced by collapse of BOS members into salt voids caused by the solution of the Prairie Evaporite. So in that case, the Prairie Evaporite and age of the solution front would have to be accurately mapped.

Download The Full Interview Here

If you have any questions related to the summit, then please do not hesitate to call (1) 800 721 3915 or email info@american-business-conferences.com

If you are interested in joining E&P and Solution Provider peers at this unique event, and haven’t already registered, then secure your place online here today.

On behalf of American Business Conferences, I look forward to welcoming you to the Bakken and Three Forks Completions Congress 2013, returning to Denver on May 13-14.