DXI Energy has graded one key project in the Piceance Basin of Western Colorado. This basin is more than 100 miles long and has an average width of over 60 miles, encompassing an area of over 7,100 square miles. It contains reserves of coal, oil shale and one of the largest containments of rich natural gas in North America. The primary target of gas development has been the Williams Fork Member of the Cretaceous Mesa Verde Formation, a several-thousand-foot thick section of shales and sandstones. The deeper Mancos Shale is an emerging deeper target which has yielded noteworthy discoveries of natural gas and is enhancing production economics throughout many parts of the Basin. Current production has been developed via vertical wells but horizontal well technologies and advanced completion technologies are now yielding impressive production rate and increases (EOR) reserves per well.
Active Project: Kokopelli