Laramie Energy: doing sandless fracs using higher water volumes and no proppant — at a much reduced cost
At its recent 2017 The Oil & Gas Conference®, EnerCom’s Oil & Gas 360® conducted an exclusive video interview with Laramie Energy Chairman & CEO Robert Boswell. Laramie is a privately held operator with a focus on natural gas production in Colorado’s Piceance basin.
The Piceance basin is the second largest natural gas resource basin in the United States, holding gas reserves in the tight sands of the Williams Fork reservoir and the underlying Mancos shale. Laramie is the third largest operating company in the Piceance basin in terms of production, reserves and acreage.
Laramie has 136,000 net acres in the Piceance basin and it is producing 140 MMcfe/day from its acreage. The company is drilling the Williams Fork with 16-22 wells per five-acre pad, 42 wells per section on 15-acre spacing. “We’re doing these fracs using water and we’re able to have the equivalent type of EURs that we were using proppant, but at a much reduced cost,” Boswell told Oil & Gas 360®’s Angie Austin.
Laramie Energy participated in EnerCom 2017’s private company panel.
Download the private company panel slide deck here.
