News - Uintah Basin
HOUSTON, July 20, 2011 /PRNewswire/ -- Newfield Exploration Company (NYSE: NFX) today provided a comprehensive update on its Uinta Basin oil development programs. The update follows the May 2011 closing of two acreage acquisitions for approximately $300 million.
THE WOODLANDS, Texas, March 30 /PRNewswire/ -- Branta LLC (privately held) today reported that Branta Exploration & Production LLC (Branta) completed the drilling and initial testing of nine highly successful oil and gas wells in the Uinta Basin of Utah from the Green River, Wasatch and Mesaverde formations which exceeded management's expectations. Branta has established three foundational oil and natural gas opportunities in the Uinta Basin of Utah: Altamont-Bluebell Potential Major Southerly Extension The Bar F # 1-20-3-2 discovery well commenced oil production on March 24, 2010 in the center of the Uinta Basin, Utah testing at a stable average rate of 900+ barrels oil per day of 42 API yellow wax crude and 650 thousand cubic feet per day (Mcfd) of natural gas with approximately 1,400 pounds of flowing tubing pressure.
The President of Creston, Mr. Brian R. Jones is pleased to report, "At the end of 2nd quarter 2008, average daily field crude oil production was up from the 1st quarter average daily field crude oil production.
