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
 Company: BP plcmore info


 - BP Makes Third Gas Discovery In Egypt's North Damietta Concession (Mar 26)
 - Unite Expresses Concern Over Possible Forties Pipeline System Sale (Mar 17)
 - BP Appoints New Heads Of Production, Drilling As Output Set To Jump (Mar 16)
 Company: Comstock Resourcesmore info
 - Rosetta Buying Permian Basin Assets from Comstock for $768M (Mar 15)
 - Comstock Resources, KKR Pen Eagle Ford Agreement (Jul 30)
 - Comstock Shifts Drilling Focus Away from Gas (Jan 30)
 Company: Forest Oilmore info
 - Forest Oil to Put Texas Panhandle Properties Up For Sale (Jul 15)
 - Forest Oil Partners with Schlumberger on Eagle Ford Shale Land (Apr 12)
 - Forest Oil to Sell South Texas Assets Excluding Eagle Ford (Jan 3)
 Company: EXCO Resources, Inc.more info
 - EXCO Halts Drilling In Eagle Ford Shale, Cites Low Oil Prices (Oct 27)
 - BG Group Sells Texas Cotton Valley Assets (Feb 15)
 - EXCO Finalizes $725M Deal with Harbinger Group (Feb 15)
 Company: Object Reservoir, Inc.more info
 - Object Reservoir Collaborates in CEP for Western Canada's Motney Shale (Jul 30)
 - Object Reservoir Unveils Haynesville Shale Multi-Co Exploitation Project (Apr 16)
 - Object Reservoir Taps Walls as New VP, Chief Petrophysicist (Dec 4)
 Company: Petrohawk Energymore info
 - Ex-Petrohawk CEO to Head $550M Re-Capitalized Ram Energy (Dec 22)
 - BHP Billiton Completes Petrohawk Acquisition (Aug 26)
 - BHP Billiton-Petrohawk Deal Gets Final Nod (Aug 18)
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Mechanical Integrity Engineer
Expertise: Mechanical Engineering
Location: Houston, TX
 
Sales Representative
Expertise: Customer Service|Sales
Location: Canonsburg, PA
 
Furnace Engineer
Expertise: Installation Engineer|Mechanical Engineering
Location: Baytown, TX
 
search for more jobs

Brent Crude Oil : $50.8/BBL 0.47%
Light Crude Oil : $47.97/BBL 0.56%
Natural Gas : $3.08/MMBtu 0.98%
Updated in last 24 hours