Initial Honaker Trail exploration occurred over 40 years ago. Development has always been slow, and the tight gas play is still considered an under-explored target in the Paradox Basin. Low activity levels are partly due to operators being reluctant to deal with the play's complex geology. Although a gas reservoir is present, the source migration pathways and traps are poorly understood. Encana and Cabot, two of the larger operators originally developing the play, both sold out of the...
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Production from unconventional oil and gas resources has had an enormous impact on North America’s recovery from economic recession. The success there has led to a shift in the upstream oil and gas industry. Other countries are investing in the industry in the hope they will reap similar benefits for their economies.
This Upstream Oil and Gas Unconventional Play report provides a detailed analysis of geology, reserves, production and commercial issues, including cost of supply, access and fiscal terms.
Potential investors, governments and companies in the oil and gas sector can use this unconventional play report to get a better understanding of critical issues with this play.
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Asset report | Mar 2016
Honaker Trail tight gas unconventional play
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