SouthEast Colorado Resource Owners | SouthEast Colorado Oil & Mineral Rights
SouthEast Colorado Resource Owners | SouthEast Colorado Oil & Mineral Rights
Southeast Colorado is the crossroads of multiple North American tight oil plays. This is a region where geologists have identified stacked oil plays as well as recoverable gas deposits. New wells drilled in 2012 demonstrate that extraction technology can be tuned to generate significantly productive commercial yields from the underlying strata.
In Southeast Colorado, the counties of Cheyenne, Kit Carson and Kiowa have been a quiet resource play for three generations. Vertical drilling of the underlying Las Animas Arch has been a consistent profit engine for speculative exploration, development and resource companies.
New horizontal wells in Lincoln County and Cheyenne County have made headlines this year. Horizontal wells in Colorado’s Lincoln County, Cheyenne County and in western Kansas were drilled and flow tested in the 4th quarter of 2012 and in 2013. The output of these wells has proven commercial viability of the region. Southeastern Colorado is no longer a wildcat play. Twenty new well applications were filed in Cheyenne County alone, in the 4th quarter of 2012, and now 23 more in the first quarter of 2013.
Tight oil and gas prospects have been explored and developed in Kansas, Oklahoma, in the Bakken, Eagle Ford and the Denver Basin. Carbonate-bearing shale and lime layers to the north, south and east in these profitable plays also extend through the Las Animas Arch region of SE Colorado. Here, there is the real possibility of targeting multiple pay zones at several depths, either concurrently or sequentially. At the same time, new conventional reservoirs are still being identified in vertical drilling.
Southeast Colorado mineral rights owners and surface rights owners can work with resource developers to ensure efficient, mutually beneficial agreements to promote profitable recovery and employ industry best practices that safeguard the iconic beauty and quality of life of the region.