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December 7, 2021

DJ Basin Unconventional (Extraction Oil & Gas, Inc.) CO Unconventional Oil Field, US

By Carmen

DJ Basin Unconventional (Extraction Oil & Gas, Inc.) CO is a producing unconventional oil field located onshore the US and is operated by Extraction Oil & Gas.

Field participation details

The field is owned by Extraction Oil & Gas.


Production from DJ Basin Unconventional (Extraction Oil & Gas, Inc.) CO

The DJ Basin Unconventional (Extraction Oil & Gas, Inc.) CO unconventional oil field recovered 20.73% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 42.84 thousand bpd of crude oil and condensate, 247 Mmcfd of natural gas and 27.14 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2051.


Remaining recoverable reserves

The field is expected to recover 627.93 Mmboe, comprised of 434.68 Mmbbl of crude oil & condensate, 981.24 bcf of natural gas reserves and 29.71 Mmbbl of natural gas liquid reserves. DJ Basin Unconventional (Extraction Oil & Gas, Inc.) CO unconventional oil field reserves accounts 0.68% of total remaining reserves of producing unconventional oil fields globally.


About Extraction Oil & Gas

Extraction Oil & Gas Inc (Extraction Oil & Gas), formerly known as Extraction Oil & Gas LLC, is an independent upstream oil and gas company which focuses on the development, acquisition, and production of oil, natural gas, and natural gas liquids reserves in the Rocky Mountains region. The company primarily focuses on operating in the Greater Wattenberg Field of the Denver-Julesburg (DJ) Basin of Colorado. It targets the oil and liquids-weighted Niobrara and Codell formations. The company also holds interests in oil and gas assets outside DJ basin, which it refers as Other Rockies Area. Extraction Oil & Gas is headquartered in Denver, Colorado, the US.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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