Job Position Available

January 6, 2021

As the foreman responsible for an oil and natural gas production field, you will directly supervise two operators and be responsible for up to 500 BOPD production from two facilities. Management experience is necessary, as well as applicable oilfield operation experience. Also responsible for scheduling all work, managing projects, and supervising contract crews and rigs. This position reports to a field superintendent. Applicant would need to be located close to Chatsworth, CA or be willing to move.

To find out more information, and to submit a resume, please visit our LinkedIn job post.

Lateral Pond Niobrara and Mowry Shale

Campbell County, Wyoming

Termo continues to study the potential for horizontal Niobrara and Mowry Shale development in our Lateral Pond project area near Gillette. With 15,000 gross acres in the project area, it has the potential to be a significant resource play for the company.

Our first attempt at producing from the Mowry was the Bishop #43-17 well, drilled in early 2010, and completed with a three stage ‘frac’ into the upper, mid, and lower portions of the zone. The first portion of the frac went off as planned, but the third stage did not work.

We have conducted some fairly extensive evaluation and diagnostic work on the well and it seems that the more data we get the more questions are raised. NuTech Energy Alliance of Houston conducted an extensive evaluation of the logs and the fracture stimulation. The evaluation tells us that we have approximately 100 feet of pay per shale zone, both contain significant volumes of oil and both have very low permeability. In addition, the frac impacted the Mowry interval to a distance of 250 feet from the well bore.

The bottom line from these studies is that oil is present but the ability to unlock it from the formation is the challenge before us at this time. We remain hopeful that we will find a way to access these reserves and make the Mowry a commercial venture. We have gone back to the drawing board and are ramping up our technical knowledge. We are also gaining knowledge by participating as a non-operator in another well in the area.

Based on other operator’s activities in the area, including Chesapeake, we remain confident that the secrets of the Niobrara and Mowry shale in this area will eventually be unlocked and we intend to be there when it happens.

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