Bill Barrett Corporation (BBG) has an active development program in the Niobrara Shale and disclosed an update on recent operations here. The company has 33,400 net acres under lease that is prospective for this play.
Bill Barrett Corporation plans to drill 40 horizontal wells in 2012 targeting the Niobrara formation in the Wattenberg field. The company will also develop the Niobrara in the Chalk Bluffs and Briggsdale exploration areas.
