Colorado has a long history of Oil & Gas production. We concentrate on specific areas in Colorado that we have the highest levels of expertise so that we can maximize our knowledge to best create value for minerals owners. Within the last 10 years, mineral owners have seen a tremendous growth in leasing and drilling activities. This newfound activity is a direct result of efficient drilling and completion technologies in conjunction with incredible capital budgets. One thing that has become clear in the past 10 years is that not all mineral acreage is the same, commodity prices can swing dramatically, and certain operators are better than others. We believe that empowering mineral owners with concise and relevant information to help evaluate the value of their minerals is of the upmost importance.
The DJ Basin is an asymmetric structural basin spanning 70,000 square miles, featuring stacked intervals of oil and gas-saturated reservoirs. Over the past 120 years, conventional vertical drilling has yielded significant volumes of oil and gas. More recently, operators have employed modern drilling and completion techniques to extract resources from unconventional saturated reservoirs. Current well results within the core of the Wattenburg Field consistently demonstrate economic production. With substantial stacked intervals of pay, the DJ Basin allows for high well densities, enabling elevated rates of recoverable oil and gas. Operators often leverage pad drilling techniques, minimizing surface locations while maximizing the drilling of up to 32 wellbores on a single pad. This capability not only enhances operational efficiency but also creates a robust market for oil and gas production.
The Niobrara was deposited during the Western Interior Seaway. This deposition event was ideal for the creation of organic-rich laminated sources. Over the period of deposition, the Niobrara had multiple unique sedimentary environments influenced by sea level changes and climate changes that generated alternating chalk and marl sequences broken into 3 main sections. These three sections are comprised of one chalk and one marl interval. The Chalk intervals, known as the "A", "B", and "C" benches, are the primary productive targets within the Niobrara.
The Codell Sand was deposited during a large regression of sea level. During the deposition period, large siliciclastic material was inter-bedded to form fine-grained sand resulting in a relatively high porosity but low permeability oil and gas reservoir system.
We traditionally pay a lump sum of cash within 10 business days after you sign the purchase and sale agreement.
The Piceance Basin of Western Colorado consist of high productive natural gas reservoirs located within highly discontinuous fluvial sand sandstone. With an extraordinary history of oil and gas exploration, the Piceance has seen extreme volatility of production and activity due to the complex nature of the reserves and the lack of infrastructure to take oil and gas to market. Over the last 10 years significant investment in pipelines in conjunction with new completion technologies have allowed operators to effectively produce natural gas. However, current market conditions for Piceance dry gas is weak causing significant decreases in new drilling activity.
The Williams Fork's natural gas accumulations was generated from coal and carbon-rich shale deposits. Natural gas migrated from these coal and carbon-rich shale into highly discontinuous fluvial sandstone beds. During regressive sea levels, high silica sands were deposited similarly to modern beach dunes. Discontinuous nature of the deposition creates the naturals gas reservoirs and are periodic throughout the Williams Fork Formation based on conditions when the seas where increasing or decreasing in size.
The Mancos Shale is upwards to 4,000 ft thick of organic-rich shale. The formation is a source rock for oil and gas. A source rock means that oil and gas were generated in the formation. The Mancos is still highly perspective, however the USGS estimates that 66 trillion cubic feet of natural gas is in place. The depositional environment for the Mancos occurred during the maximum extend of the ancient seaway. Unlike the Williams Fork Formation, the Mancos was deposited during a stable sea environment where sea level changes were minimal. The stable seaway allowed for consistent deposition creating a consistent and thick organic-rich formation ideal for a source rock. Currently the Mancos has very little horizontal production due to the cost of drilling and completions.
We focus on areas that we know best in order to provide the highest level of expertise.
TRP Minerals is an advocate for mineral owners and works diligently to help mineral owners create value. As a result, we try to empower mineral owners with the information they need to determine the best opportunity to realize the value of their minerals. Most mineral acquisition companies will provide an offer price with no back up material or methodology have how they came up with the offer. Our goal is to show you exactly how the oil and gas industry evaluates mineral interest.
Your mineral location matters as it relates to some of the variables below:
Below are important lease provisions that can increase the value of your minerals:
The geology under your minerals matter as it relates to some of the variables below:
The engineering associated with your minerals matter as it relates to some of the variables below:
Your mineral valuation matters as it relates to some of the variables below:
We strive to help facilitate your decisions so that you are empowered with the best information and knowledge so that you can capture the highest value of your minerals.
Colorado has a long history of Oil & Gas production. We concentrate on specific areas in Colorado that we have the highest levels of expertise so that we can maximize our knowledge to best create value for minerals owners. Within the last 10 years, mineral owners have seen a tremendous growth in leasing and drilling activities. This newfound activity is a direct result of efficient drilling and completion technologies in conjunction with incredible capital budgets. One thing that has become clear in the past 10 years is that not all mineral acreage is the same, commodity prices can swing dramatically, and certain operators are better than others. We believe that empowering mineral owners with concise and relevant information to help evaluate the value of their minerals is of the upmost importance.
The DJ is an asymmetric structural basin comprised of 70,000 square miles of stacked intervals of oil and gas saturated reservoirs. Over the last 120 years, conventional vertical drilling has produced significant volumes of oil and gas. Recently, operators have utilized modern drilling and completion techniques to produce oil and gas in unconventional saturated reservoirs. Current well results within the core of the Wattenburg Field continue to show consistent and economic production. With significant stacked intervals of pay, the DJ allows for significant well densities allowing for high rates of recoverable Oil and Gas. In many cases, operators can utilize pad drilling where they are capable of minimizing surface locations while maximizing the drilling of upwards of 32 wellbores. The ability to have high productivity from one pad create an efficient market for Oil and Gas production.
The Niobrara was deposited during the Western Interior Seaway. This deposition event was ideal for the creation of organic-rich laminated sources. Over the period of deposition, the Niobrara had multiple unique sedimentary environments influenced by sea level changes and climate changes that generated alternating chalk and marl sequences broken into 3 main sections. These three sections are comprised of one chalk and one marl interval. The Chalk intervals, known as the "A", "B", and "C" benches, are the primary productive targets within the Niobrara.
The Codell Sand was deposited during a large regression of sea level. During the deposition period, large siliciclastic material was inter-bedded to form fine-grained sand resulting in a relatively high porosity but low permeability oil and gas reservoir system.
We traditionally pay a lump sum of cash within 10 business days after you sign the purchase and sale agreement.
The Piceance Basin of Western Colorado consist of high productive natural gas reservoirs located within highly discontinuous fluvial sand sandstone. With an extraordinary history of oil and gas exploration, the Piceance has seen extreme volatility of production and activity due to the complex nature of the reserves and the lack of infrastructure to take oil and gas to market. Over the last 10 years significant investment in pipelines in conjunction with new completion technologies have allowed operators to effectively produce natural gas. However, current market conditions for Piceance dry gas is weak causing significant decreases in new drilling activity.
The Williams Fork's natural gas accumulations was generated from coal and carbon-rich shale deposits. Natural gas migrated from these coal and carbon-rich shale into highly discontinuous fluvial sandstone beds. During regressive sea levels, high silica sands were deposited similarly to modern beach dunes. Discontinuous nature of the deposition creates the naturals gas reservoirs and are periodic throughout the Williams Fork Formation based on conditions when the seas where increasing or decreasing in size.
The Mancos Shale is upwards to 4,000 ft thick of organic-rich shale. The formation is a source rock for oil and gas. A source rock means that oil and gas were generated in the formation. The Mancos is still highly perspective, however the USGS estimates that 66 trillion cubic feet of natural gas is in place. The depositional environment for the Mancos occurred during the maximum extend of the ancient seaway. Unlike the Williams Fork Formation, the Mancos was deposited during a stable sea environment where sea level changes were minimal. The stable seaway allowed for consistent deposition creating a consistent and thick organic-rich formation ideal for a source rock. Currently the Mancos has very little horizontal production due to the cost of drilling and completions.
We strive to empower you with the best information and knowledge available to make an informed decision in order to capture the highest value from your minerals.
Your mineral location matters as it relates to some of the variables below:
Below are important lease provisions that can increase the value of your minerals:
The geology under your minerals matter as it relates to some of the variables below:
The engineering associated with your minerals matter as it relates to some of the variables below:
Your mineral valuation matters as it relates to some of the variables below:
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