The Mesaverde, Gallup and Dakota sandstones were sourced in whole or in part from the Mancos Shale whereby organic matter buried in the deepest part of the basin was first converted to oil, and as heat and pressure were applied over time became gas within the “Mancos Cooking Pot”. Immense quantities natural gas were generated and preserved in this extremely dense and tight rock which cannot be developed and produced economically from traditional vertical wellbores.
Since its inception, NueVida has focused on identifying the optimal areas for Mancos Shale development within the basin. Operational issues, such as rough topography, seasonal drilling closures due to wildlife habitat and limited road access, and proximity to gathering lines and processing facilities, were incorporated into our evaluation and selection of core asset areas for acquisition and development.
There have been fifteen successful horizontal Mancos dry gas wells drilled and completed from 2010 to 2021 in the northern New Mexico portion of the San Juan Basin. NueVida plans to be the first operator to develop the Colorado portion of the Mancos dry gas play utilizing the most modern practices in horizontal drilling and fracture stimulation. Horizontal/long radius drilling and fracture stimulation have been staples of the oil and gas industry for more than sixty years. For the past twenty years, the evolution and advancement of these technologies have allowed for applications in ultra-tight shale formations such as the Mancos Shale.