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Bill Barrett Snapshot
Bill Barrett Corp. (named after a veteran oil industry wildcatter) is hoping for a Rocky Mountain high as it digs down deep for oil and gas. The company focuses its exploration and development activities in the Wind River, Uinta, Piceance, Powder River, Big Horn, Denver-Julesburg, and Paradox Basins and the Montana Overthrusts. Bill Barrett holds 1.3 million net undeveloped leasehold acres. The bulk of its properties are unconventional resources, such as coal bed methane and shale gas. In 2010 the oil and gas firm had working interests in almost 1,480 drilling locations and had estimated net proved reserves of 1.1 trillion cu. ft. of natural gas equivalent. Natural gas accounts for 93% of its reserves.
