Niobrara Shale Formation and the Denver-Julesburg Basin

 

Denver-Julesburg Basin

Denver-Julesburg Basin

A senior executive with extensive experience in oil and gas exploration, Joshua “Josh” Neale Wolcott has served as director of operations for Cimmaron Resources since 2008. Among his other projects with Cimmaron, Joshua Wolcott established drilling operations in the northern Denver-Julesburg Basin that spanned approximately 55,000 acres.

The Denver-Julesburg Basin sits atop a significant portion of the Niobrara, a large shale formation that many industry professionals have compared to the Bakken shale formation to the north. An emerging oil and gas play, the Niobrara is attracting a range of developers who are securing land leases for future drilling.

The portion of the Niobrara formation that lies beneath the Denver-Julesburg Basin is a combination of shale, marl, chalk, and sandstone. It is situated between 5,500 and 8,500 feet below the earth’s surface. Although primarily exploited as an oil play, its low-lying Codell tight sands formation is currently garnering interest as an emerging natural gas play.

Care Beyond the Curriculum: Studying at Pepperdine University

Studying at Pepperdine University pic

Studying at Pepperdine University
Image: pinterest.com

Joshua Wolcott is a successful executive in the energy and finance industries. The director of operations and land at Cimmaron Resources, Inc., he oversees project planning, management, and development teams that explore and develop domestic wind, natural gas, and oil resources. Joshua Wolcott is an alumnus of Pepperdine University, where he earned a BA in Economics in 1995 from the Graziadio School of Business and Management.

Pepperdine University offers a unique focus on the student as a whole person, believing that personal transformation is an essential part of the educational experience. The aim of the faculty is not only to equip students with competitive skills, but to encourage students while preparing them to make a positive difference as leaders in their future workplaces and communities. Teaching moral integrity and theology strengthens this focus, with graduates bringing positive ethics to business practices.

The university accomplishes its mission in part by providing smaller class sizes with passionate professors who are willing to go well beyond the curriculum for their students. One alumna describes emailing a professor seeking advice on a job offer after graduation; her professor invited her to lunch and spent over an hour chatting with her about the opportunity. This unique and personal environment helps students to build lasting friendships, make the most of their formal education, and develop the arc of their careers.

Autism Speaks Sponsors Light It Up Blue

As the director of operations and land for Cimmaron Resources in Denver, Colorado, Joshua Wolcott manages multiple projects for three exploratory oil and gas firms. Prior to entering the oil and gas industry, Josh Wolcott was successful in the financial sector as a program manager for World Vision Myanmar, implementing a community banking program that financed 1,000 small businesses. In his free time, Joshua Neale Wolcott lends his support to various charities, including those dedicated to autism awareness.

Each year on April 2, the global community recognizes World Autism Awareness Day, established by the United Nations in 2007. Autism Speaks, one of the world’s leading advocates of autism research and awareness, commemorates this day by sponsoring Light It Up Blue. A global initiative, Light It Up Blue urges individuals, businesses, and communities to shine blue lights inside and outside of their homes, offices, and other venues to promote autism awareness. Autism Speaks provides extensive resources on its website to help facilitate this international event, including instructions for fundraiser registration, Light It Up Blue merchandise, and guides to finding and installing blue lighting.

A wide array of international landmarks, sporting venues, concert halls, and other iconic structures have participated in this global awareness campaign, including Australia’s Sydney Opera House, the Empire State Building, and the Torch Hotel in Qatar. For more information on how you can get involved, please visit LIUB.AutismSpeaks.org.

Monterey Institute of International Studies Graduate Programs

Denver resident Joshua Neale Wolcott is a management professional at Cimmaron Resources, Inc., in Denver. Joshua Wolcott studied economics at Pepperdine University in Malibu, California, and earned a bachelor of arts. Subsequently, Josh Wolcott was accepted to the Monterey Institute of International Studies, where he earned an MBA in finance and strategy.

Located on the Central Coast in California, the Monterey Institute of International Studies was established in 1955 as the Monterey Institute of Foreign Studies. Six years later, the school acquired its first building in downtown Monterey. Today, that building serves as the president’s office, and the campus has grown to include 19 buildings, which encompass research centers, graduate schools, and special-program facilities.

The institute provides numerous graduate programs that develop skills in innovative approaches, practical application, and collaborative processes. The schools promote hands-on learning style that assists students in become exceptional problem-solvers in the global community. Programs such as the Fisher MBA in international management focus on business, development, and sustainability. In addition, the programs can be customized to specialize in a specific field, like localization management and international finance and economics.

To learn more about the MBA programs at the Monterey Institute of International Studies, visit www.miis.edu.

The Williston Basin

As the director of operations for oil and gas firm Cimmaron Resources, Inc., Joshua Neale Wolcott leads the management of numerous projects for independent energy companies from conception to completion. In recent years, Joshua Wolcott and his associates have shifted their efforts towards managing Cimmaron’s own projects. From their home base in Denver, Colorado, Josh Wolcott and Cimmaron Resources manage projects across the United States, including the Williston Basin.

Spanning over 140,000 square miles throughout Montana, North Dakota, and southern Canada, the Williston Basin holds an estimated recoverable reserve of 12 billion barrels of oil. While this estimate sat at only 150 million barrels in 1995, technological developments in multi-stage fracture technologies and horizontal drilling have led to an exponential increase in resource possibilities. Among the numerous projects undertaken by Cimmaron in this area is a 60,000-acre operation in northeastern Montana. In the future, the firm hopes to secure several more deals in the Basin’s North Dakota region.

The Role of a Prospecting Geologist

Joshua Neale Wolcott is the director of operations for Cimmaron Resources, Inc., an oil and gas company based in Denver, Colorado. In this role, Josh Wolcott oversees the development of various projects across the country, including the Rocky Mountains and the Powder River Basin. In order to seek out new exploration projects, Joshua Wolcott and his team work closely with several prospecting geologists.

Also known as exploration geologists, prospecting geologists utilize their advanced knowledge of the Earth’s surface – and what lies beneath it – to help locate valuable natural resources. By calling on the skills of a prospecting geologist, oil and gas companies can increase the success and efficiency of their drilling operations.

In order to predict where oil may be found, prospecting geologists first survey a location’s overall environment and surface rock formations before taking drill samples. The geologist then analyzes these samples in a lab to determine the likelihood of the presence of oil in the area. In some cases, oil may be present in quantities too low to justify drilling, in which case a prospecting geologist may make a professional recommendation to drill in other nearby locations.

The Potential Rebound of Coal Prices

Joshua (Josh) Wolcott is a former program manager at World Vision, where he helped develop a banking program that financed more than 1,000 small businesses. Now the director of operations for Cimmaron Resources, Inc., in Denver, Colorado, Joshua Neale Wolcott is in charge of developing energy projects in the Rocky Mountains and Oklahoma, including the Powder River Basin in Wyoming.

Due to a number of factors, such as slowed economic growth in China (the world’s biggest coal user) and a larger focus on natural gas throughout the world, coal prices have plummeted. However, coal is still the source for more than 40 percent of the electricity generated in the United States, and small companies operating in the Powder River Basin could allow coal to rebound. In fact, the price of Powder River Basin coal recently reached its highest point in two years, topping out at $13 per ton. In addition, coal output in Wyoming increased to 100,706 tons through April of 2014, an increase of 0.5 percent from the previous year. These hopeful figures are largely the result of the Powder River Basin’s lower operating costs.