Oil services company Baker Hughes said Friday shale basins in Oklahoma and Colorado saw the biggest gains in wells started during the third quarter. Baker Hughes published well data for the third quarter, finding a 5 percent increase year-on-year for wells started onshore United States. Compared with the second quarter, the total well count increased 1 percent. The Cana Woodford shale, located dominantly in Oklahoma, had the biggest gain with 28 percent, followed by the Niobrara shale in Colorado with 10 percent and the Williston basin in North Dakota with 7 percent. Since 2007, Oklahoma has produced more than 1 trillion cubic feet of natural gas from shale and production should increase with the emergence of the Cana Woodford play . Niobrara was included […]

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