- Tight Gas & Oil
- Gas Hydrates
Transactions for D-J acreage double reserves, cash flow and production to 1,000 boe/d, enabling the company to become cash-flow positive.
Operators are pressing pressure pumping service providers for price decreases in the Niobrara Shale while a drop in demand for well stimulation has left the regional pressure pumping fleet in oversupply with contractors looking to rotate equipment out of the Niobrara and into dry gas basins.
Operators are focusing more on improving production in existing wells rather than drilling new wells and seeking ways to lower cost per barrel.