Highlands Natural Resources: Colorado Shale - East Denver Operations Update

Posted by OilVoice Press - OilVoice


Highlands, the London-listed natural resources company, provides the following update about the six new wells being funded entirely by Highlands' partners at its East Denver Project.

As previously announced, drilling operations at the new wells were completed in mid-July. The pad was subsequently prepared for fracture stimulation operations which started in mid-August, and the fracking operations for the Grizzly well are now fully completed with the Ouray and Buckskin wells now around 60% complete. In the meantime, the operations team is currently building all necessary surface facilities.

Colorado has experienced one of the driest summers in recent history and consequently water supply disruptions are becoming more commonplace for the local services industry. Our operations are not immune to these problems. Accordingly, the well operator has informed Highlands that the fracking schedule has been revised, with more staggering of the operations to compensate for the drought conditions. Alternative water supplies have also been organised to complete the operations.

In addition to requisitioned water supplies, Highlands is moving two E10X modular solar powered water-recycling units to the East Denver location to treat production and flow-back water from operations to make the water reusable.  Highlands will charge fees for treating the disposed water and selling the fresh water to the operator.

Whilst securing these units represents a considerable achievement given local competition for water, Highlands now expects the fracking operations to be completed in December with flow-back from the new wells in late December or early January, at which point Highlands will have a 7.5% carried interest in eight producing wells when these six additional wells come online.

New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Highlands Natural ResoucesonshoreUnited StatescoloradoShaleEast Denver ProjectDrillingWellsLSE

More items from oilvoice

Cyber Security Experts Unite to Protect Europe’s Critical Industries

CS4CA Summit Returns to London this October Staying abreast of fast-paced industry developments is crucial for cyber security professionals. And while one can learn a lot from publications and social media, it's hard to beat the value of insights gained first-hand from peers. This is why 150+ IT ...

OilVoice Press - OilVoice

Posted 10 months agoPress > cybereurope

Africa E&P Summit

The organisers of the Africa E&P Summit are bringing together Africa's leading exploration companies and governments, just one of the many reasons why you should be attending frontier's event that they are organising and hosting in London at the IET: Savoy Place, 22-23 May. Over 200 key senior exec ...

OilVoice Press - OilVoice

Posted 1 year agoPress > Africasummitoil summit +2

Equinor Deepens in Offshore Wind in Poland

Equinor has exercised an option to acquire a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia. This transaction is a follow-up of the agreement between the two companies which came into force in May 2018 , by which Equinor acquired a 50 % inter ...

OilVoice Press - OilVoice

Posted 1 year agoPress > EquinorEquinor EnergyPoland +2

Nigeria has highest capex on crude and natural gas projects in sub-Saharan Africa Over Next Seven Years, says GlobalData

Nigeria accounts for more than 34% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the sub-Saharan Africa over the period 2018–2025, according to GlobalData , a leading data and analytics company. The company's report: ‘H2 2018 Production ...

OilVoice Press - OilVoice

Posted 1 year agoOpinion > GlobalDataNigeriaCrude +5

CNOOC Signs Strategic Cooperation Agreements with 9 International Oil Companies

HONG KONG, Dec. 18, 2018 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, Conoco ...

OilVoice Press - OilVoice

Posted 1 year agoPress > CNOOCChina National Offshore Oil CorporationChevron +11
All posts from oilvoice