Monday, November 15, 2010

Barrett runs two rigs in Utah's West Tavaputs

Keying off a record of decision on the federal environmental impact statement covering the West Tavaputs project in Utah’s Uinta basin, Bill Barrett Corp., Denver, expects to drill as many as 20 wells in the field by yearend. The company initiated a two-rig development program and spud the first well Oct. 27.

West Tavaputs is among the company’s largest development assets based on its current reserve base of 325 bcf of gas equivalent proved and 1.3 tcfe proved, probable, and possible reserves. Oil and Gas Journal