Object Reservoir Unveils Haynesville Shale Multi-Co Exploitation Project

Haynesville/Bossier Shale Play
(Click to Enlarge)

Object Reservoir Inc., a technology and services provider to the global upstream oil and gas industry, announced the commencement of a multi-company initiative to help increase the value of Haynesville shale assets. Companies now participating include BP America, Comstock Resources, EXCO Resources, Forest Oil, Petrohawk Energy, and several other prominent Haynesville operators. A limited number of additional operator participants will be admitted to the project.

The Haynesville Shale Collaborative Exploitation Project, or CEP, formally commenced on April 1st, and the first workshop for participants will be held in Houston on April 21st. The objectives of this CEP are to accelerate the learning curve for optimal exploitation of operators' Haynesville shale assets, with best practices for well stimulation, completion, and spacing.

In addition, in partnership with leading reserves determination firm, DeGolyer and MacNaughton, Object Reservoir's efforts are intended to lead to practical prescriptions for "turning resources into reserves," helping operators to monetize their assets earlier by booking proved reserves and determining contingent resources. The project will include well and other data from both Louisiana and Texas.


Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Outside Sales - Oklahoma
Expertise: Sales
Location: Oklahoma City, OK
Business Development Manager
Expertise: Business Development|Construction Manager|Sales
Location: West Sacramento, CA
Business Development Manager
Expertise: Business Development|Construction Manager|Sales
Location: Denver, CO
search for more jobs

Brent Crude Oil : $50.79/BBL 1.30%
Light Crude Oil : $49.96/BBL 1.10%
Natural Gas : $2.77/MMBtu 2.12%
Updated in last 24 hours