Niobrara Shale formation is producing large amount of natural gas
January 22nd WPX, based in Tulsa Oklahoma announced that its first test well in the Niobrara Shale formation initially produced 16 million cubic feet of natural gas per day. WPX drilled the test well to a depth of 10,200 and then turned the well bore horizontally to go another 4,600 feet. The well is located in…