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Could Niobrara’s Untapped 5.8 Tcf Natural Gas Shift Rockies Market Fundamentals?

Natural Gas Intelligence · last updated

The Niobrara formation within the Southwestern Wyoming Geologic Province, extending across southwestern Wyoming and northwestern Colorado, has a lot of undiscovered but technically recoverable natural gas and oil still to unearth, according to new federal estimates.

Map showing the Niobrara Formation’s continuous oil and gas assessment areas across southwestern Wyoming and northwestern Colorado, highlighting boundaries for oil and gas assessment units within the Southwestern Wyoming Geologic Province, as defined by the U.S. Geological Survey.

Natural gas resources still untapped were estimated at 5.8 Tcf, with crude oil resources of around 703 million bbl, the U.S. Geological Survey (USGS) said.

The Niobrara is a broad formation that contains a mix of limestone, chalk and shale. Most exploration and production (E&P) companies have found success within the Niobrara’s Denver-Julesburg (DJ) Basin and the Powder River Basin (PRB).

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