Pinedale Anticline

The Pinedale Anticline is in southwestern Wyoming, 10 miles south of the town of Pinedale. QEP (formerly Questar) operates 2,400 acres in the Mesa Unit in which we hold a net acreage position of 110 acres. The Mesa Field on the Pinedale Anticline includes 146 non-operated wells, which produced approximately 20% of our total production for 2010.  Click here to view map

As of December 31, 2010, in the Mesa “A” PA, there were 22 producing wells, in which we hold a 0.312% overriding royalty interest. Our net acre position is approximately 1.875 net acres under a gross of 600 acres in the “A” Participating Area.

In the Mesa “B” PA, where we have an 8% average working interest in the shallow producing formations and a 12.5% average working interest in the deep producing formations, there were 90 producing wells that produced 1,286 MMcfe in 2010, net to our interest. We have a net acreage position of 64 net acres under a gross of 800 acres in the shallower formations in the “B” Participating Area, and 100 net acres under a gross of 800 acres in the deep producing formations. Sixteen of the 90 producing wells came on-line for production during the second, third and fourth quarters of 2010.  As of December 31, 2010, we were also participating in the drilling of 17 additional wells, which are expected to be completed during the second, third and fourth quarters of 2011.  

In the Mesa “C” PA, we have a working interest of 6.4% in 34 producing wells.  During 2010, these wells produced 566 MMcfe, net to our interest. We have 65.27 net acres under a gross of 1,000 acres in the “C” PA.