Unlocking Value in the Powder River Basin
Wednesday, 22 July 2020, 12:35 p.m.–1:25 p.m. | Austin, Texas
- Tope Ogunyomi, Director, Juniper Capital
The Powder River Basin (PRB) is primarily located in southwestern Montana and northeastern Wyoming. The PRB consists of several oil rich stacked targets with attractive full cycle economics. Reservoir targets include a combination of conventional (Frontier, Turner, Parkman, etc.) and unconventional resource (Niobrara and Mowry) plays. Due to the on-going successful delineation of the various reservoirs across the basin, operators such as Devon and EOG are beginning to transition to early stage multi-bench development. Applying industry best practices while incorporating basin specific solutions can unlock substantial value in the basin.
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