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1 Presented by: Dr. Jimmy Goolsby Created by: Dr. Jimmy Goolsby Julia Lemaster

2

3 Evolution of Completion Technology

4 Horizontal Completions George Waters, Schlumberger, SPE Distinguished Lecturer

5 Horizontal Completions George Waters, Schlumberger, SPE Distinguished Lecturer

6 Horizontal Completions George Waters, Schlumberger, SPE Distinguished Lecturer

7 Evolution of Completion Technology drainage drainage drainage Conventional Jonah Parkman Frontier

8 Short radius frac clouds

9

10 Wyoming Oil & Gas Permits 9/9 8/12

11 Wyoming Gas Permits 9/9 8/12

12 Wyoming Oil Permits 9/9 8/12

13 Campbell Johnson Laramie Converse Horizontal Permits by County 212 Top 3 Counties PRB

14 Wyoming Monthly Production GAS OIL

15 Yearly Gas Production 1978-now

16 Yearly Oil Production 1978-now

17 MCF/DAY AVERAGED PER MONTH Average MCF Gas per Day on Monthly Basis 7,5, Gas MCF/Day 7,, 6,5, 6,, 5,5, 5,, 4,5, 4,,

18 BBLS/DAY AVERAGED PER MONTH Average BBLS Oil per Day on Monthly Basis 16, Oil BBLS/Day 155, 15, 145, 14, 135, 13,

19

20 Upper Cretaceous PRB modified from Blakey

21 Goolsby, Finley & Associates, LLC PRB: Total vs Federal Well #s 4, 35, 3, 25, 2, 15, Total Wells Federal Wells 1, 5,

22 Goolsby, Finley & Associates, LLC PRB: Producing vs Idle Well #s 3, PRB Wells 25, Producing Wells 2, Idle Wells 15, 1, 5,

23 Goolsby, Finley & Associates, LLC MCF or BBLS on Monthly Basis Powder River Basin 6,, 5,, 4,, Total Oil Bbls 3,, Total Gas Mcf 2,, 1,,

24 Goolsby, Finley & Associates, LLC Barrels/month Powder River Basin 6,, 5,, 4,, Total Oil Bbls 3,, 2,, 1,,

25 Powder River Basin ) ) " ) 331 ) 14 Sheridan ) M " ) 14 Gillette 16 " ) " ) 9 Buffalo 9 ) ROZET Kmd P$ml ) ) ) 5 ) " ) 16 ) M ) )) M M ) 95 ) modified from WSGS MS-55 Casper M 487 )" ) ) 2 ) ) " ) ) Douglas ) " ) 2 ) USGS

26 Powder River Basin USGS DDS-69-U

27 Upper Cretaceous PRB Sussex Shannon RMAG Geologic Atlas of the Rocky Mountain Region

28 Mowry Shale Lower Cretaceous)

29 Goolsby, Finley & Associates, LLC MCF or BBLS on Yearly Basis PRB Mowry Production: Oil Gas 4 2

30 Dayton Sheridan Clearmont Hulett Mowry Ten Sleep Buffalo Gillette Moorcroft Upton vertical producers Newcastle Kaycee Wright Midwest Casper Glenrock PETRA 9/7/212 8:48:55 AM Douglas Lusk grey = USGS Mowry Continuous Oil AU

31 Dayton Sheridan Mowry Clearmont Hulett Ten Sleep Buffalo Gillette Moorcroft Upton green = producers Kaycee Wright Newcastle blue = horizontal wells Midwest red = permits/spuds Casper Glenrock PETRA 9/7/212 8:5:8 AM Douglas Lusk grey = USGS Mowry Continuous Oil AU

32 Frontier Upper Cretaceous)

33 Goolsby, Finley & Associates, LLC MCF or BBLS on Yearly Basis PRB Frontier Production: Does not include Turner or Wall Creek Oil Gas 5

34 Goolsby, Finley & Associates, LLC BBLS on Yearly Basis PRB Frontier Oil Production: Does not include Turner or Wall Creek Oil

35 Buffalo Gillette Moorcroft blue = Frontier Kaycee USGS Frontier-Turner Assessment Unit Wright Upton Newcastle yellow = Turner green = Wall Creek Midwest Turner Under-Normal Pressure Casper Glenrock Frontier Overpressured Douglas Lusk PETRA 9/7/212 8:32:24 AM

36 Buffalo Gillette Moorcroft Upton Frontier Turner Wall Creek Newcastle Vertical Producers Kaycee Wright Midwest PETRA 9/7/212 8:3:2 AM Casper Glenrock Douglas Lusk grey = USGS Frontier / Turner AU

37 Buffalo Gillette Moorcroft Upton Frontier Turner Wall Creek Kaycee Wright Newcastle green = producers blue = horizontal wells Midwest red = permits/spuds PETRA 9/7/212 8:29:31 AM Casper Glenrock Douglas Lusk grey = USGS Frontier / Turner AU

38 Success between dry holes) 1 st long lateral in Wyoming /11 7/12 181,252 BBLS 186,625 MCF 37,69 BBLS stage completion PETRA 9/7/212 9:2:58 AM

39 Niobrara Upper Cretaceous) Outcrop near Douglas, WY Outcrop in DJ Basin, CO WOGCC Order AAPG Explorer, November 21

40 MCF or BBLS on Yearly Basis PRB Niobrara Production: Niobrara PRB Production Oil Gas 6 4 2

41 Buffalo Gillette Moorcroft Upton Niobrara Vertical Producers Newcastle Kaycee Wright Midwest Casper Glenrock PETRA 9/7/212 8:59:26 AM Douglas Lusk grey = USGS Niobrara Continuous Oil AU

42 Buffalo Gillette Moorcroft Upton Niobrara green = producers Kaycee Wright Newcastle blue = horizontal wells Midwest red = permits / spuds Casper Glenrock PETRA 9/7/212 9::33 AM Douglas Lusk grey = USGS Niobrara Continuous Oil AU

43 Shannon Upper Cretaceous) USGS DDS-33

44 Goolsby, Finley & Associates, LLC MCF or BBLS on Yearly Basis PRB Shannon Production: Oil Gas 4 2

45 Buffalo Gillette M Shannon Vertical Producers Kaycee Wright Midwest Casper Glenrock Douglas grey = USGS Sussex-Shannon Sandstones AU

46 Shannon Buffalo Gillette M green = producers blue = horizontal wells Kaycee Wright red = permits / spuds Midwest grey = USGS Sussex-Shannon Sandstones AU

47 Sussex Upper Cretaceous) USGS DDS-33

48 MCF or BBLS on Yearly Basis PRB Sussex Production: Oil Gas 1 5

49 M Kaycee Wright Sussex Vertical Producers Midwest Casper Glenrock Douglas grey = USGS Sussex-Shannon Sandstones AU

50 M Kaycee Wright Sussex green = producers blue = horizontal wells Midwest red = permits / spuds Casper Glenrock Douglas grey = USGS Sussex-Shannon Sandstones AU

51 Parkman Upper Cretaceous) USGS Bulletin 452

52 Goolsby, Finley & Associates, LLC MCF or BBLS on Yearly Basis PRB Parkman Production: Oil Gas 1 5

53 Gillette Moorcro Parkman Vertical Producers Wright Midwest asper Glenrock Douglas grey = USGS Mesaverde-Lewis Sandstones AU

54 Gillette Wright Moorcro Parkman green = producers blue = horizontal wells Midwest red = permits / spuds asper Glenrock Douglas grey = USGS Mesaverde-Lewis Sandstones AU

55 What does this really mean?

February 2, 2006 BOARD MATTER D - 2. Lease Lessee Assignee County Acres/AUM

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