Three of America’s Most Active Natural Resource Reserves

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.

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.