Joshua Neale Wolcott serves Cimmaron Resources, Inc., in Denver as director of operations and land. Joshua Wolcott joined the company in 2005 and has held additional titles, such as interim vice president. In his role with Cimmaron, JoshWolcott oversees activities in three of the nation’s most active natural resource areas.
The Rocky Mountain region is known for hosting a number of petroleum reserves, perhaps none more bountiful than those found at the Powder River Basin. Since the basin’s discovery more than 100 years ago, the area has produced an estimated 2.3 trillion cubic feet of gas and nearly 3 billion barrels of oil across 700 recognized fields.
When it comes to hydrocarbons, however, few reserves have been as active as the Denver-Julesburg Basin, 70,000 square miles that have provided enough resources to supply more than 52,000 wells. Despite extensive drilling, the DJ Basin is still viewed as a prime source of hydrocarbons, with plenty of available upside.
Finally, the Williston Basin, spread across 140,000 square miles in North Dakota, Montana, and Canada, has been a valued oil reserve since the 1980s. Over the years, the basin has provided investors with more than 12 billion barrels of oil.