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Company type | Private |
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Industry | Oil and Natural Gas Exploration |
Founded | 2004 |
Headquarters | Cave City, Kentucky |
Key people | Dr. Roger L. Cory, CEO, Daniel R. Northcutt, President |
Number of employees | More than 30 worldwide (2008) |
Website | www.mammothresource.com |
Mammoth Resource Partners, Inc, is a private company specializing in oil and natural gas exploration in the Appalachian Basin of the United States. It is majority owned by CEO and founder Roger L. Cory. Daniel R. Northcutt is the president and chief operating officer. Its litigation problems began almost immediately. [1] [ when? ] These legal issues continued with various private settlements and included a federal trial, [2] alleging various securities violations and fraud.
Since inception, Mammoth Resource Partners has completed 73 wells for oil and natural gas. Of the last[ timeframe? ] 40 consecutive drillings, Mammoth Resource Partners has struck producible hydrocarbons in all wells. While Mammoth explored for oil in its first years, today[ timeframe? ] the company focuses almost exclusively on exploration of natural gas.
The company employs approximately 30 men and women at its headquarters and field services offices. Mammoth Resource Partners owns or controls the mineral rights to over 15,000 acres (61 km2) of Appalachian Basin property and is quickly becoming one of the region's top natural gas producers.
Mammoth Resource Partners is headquartered in Cave City, Kentucky, which provides relatively close proximity to its 15,000 acres (61 km2) of lease and land holdings in the Appalachian Basin. Mammoth also has a field services location in Burkesville.
• Mammoth Resource Partners, Inc. incorporated in April 2004 • Mammoth Premier released May, 2004 • Mammoth Discovery released July, 2004 • Mammoth Reveal released December, 2004 • Mammoth Reserve released March, 2005 • Mammoth Opportunity released July, 2005 • Mammoth Prosperity released October, 2005 • Mammoth Advantage released September, 2005 • Mammoth Conversion begins production April, 2006 • Mammoth Exclusive begins production February, 2007 • Mammoth Vista begins production April, 2007 • Mammoth Succession begins production May, 2007 • Mammoth Progression begins production February, 2008 • Chimney Rock project begins production March, 2008
Mammoth Resource Partners' commitment to environmental safety is expressed through its field policies, which are designed to minimize its environmental impact.
Mammoth Resource Partners built its business model around the concept of corporate transparency. Partners in Mammoth projects are given access to a proprietary Partner Communication Systems, which informs them of their project's progress and production in near real time. The Internet data delivery is coupled with monthly letters written by Mammoth President Dr. Roger L. Cory to each Partner reporting that month's project activity in detail.
An oil platform is a large structure with facilities to extract and process petroleum and natural gas that lie in rock formations beneath the seabed. Many oil platforms will also have facilities to accommodate the workers, although it is also common to have a separate accommodation platform linked by bridge to the production platform. Most commonly, oil platforms engage in activities on the continental shelf, though they can also be used in lakes, inshore waters, and inland seas. Depending on the circumstances, the platform may be fixed to the ocean floor, consist of an artificial island, or float. In some arrangements the main facility may have storage facilities for the processed oil. Remote subsea wells may also be connected to a platform by flow lines and by umbilical connections. These sub-sea facilities may include one or more subsea wells or manifold centres for multiple wells.
An oil well is a drillhole boring in Earth that is designed to bring petroleum oil hydrocarbons to the surface. Usually some natural gas is released as associated petroleum gas along with the oil. A well that is designed to produce only gas may be termed a gas well. Wells are created by drilling down into an oil or gas reserve and if necessary equipped with extraction devices such as pumpjacks. Creating the wells can be an expensive process, costing at least hundreds of thousands of dollars, and costing much more when in difficult-to-access locations, e.g., offshore. The process of modern drilling for wells first started in the 19th century but was made more efficient with advances to oil drilling rigs and technology during the 20th century.
In petroleum and natural gas extraction, a Christmas tree, or tree, is an assembly of valves, casing spools, and fittings used to regulate the flow of pipes in an oil well, gas well, water injection well, water disposal well, gas injection well, condensate well, and other types of well.
A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen is created in surrounding rock by the presence of high heat and pressure in the Earth's crust.
In geotechnical engineering, drilling fluid, also known as drilling mud, is used to aid the drilling of boreholes into the earth. Used while drilling oil and natural gas wells and on exploration drilling rigs, drilling fluids are also used for much simpler boreholes, such as water wells.
A blowout is the uncontrolled release of crude oil and/or natural gas from an oil well or gas well after pressure control systems have failed. Modern wells have blowout preventers intended to prevent such an occurrence. An accidental spark during a blowout can lead to a catastrophic oil or gas fire.
Drill cuttings are broken bits of solid material removed from a borehole drilled by rotary, percussion, or auger methods and brought to the surface in the drilling mud. Boreholes drilled in this way include oil or gas wells, water wells, and holes drilled for geotechnical investigations or mineral exploration.
The Lakeview Gusher was an eruption of hydrocarbons from a pressurized oil well in the Midway-Sunset Oil Field in Kern County, California, in 1910. Caused by a blowout, it created the largest accidental oil spill in history, lasting 18 months and releasing an estimated 9 million barrels of crude oil.
Petroleum is a fossil fuel that can be drawn from beneath the Earth's surface. Reservoirs of petroleum are formed through the mixture of plants, algae, and sediments in shallow seas under high pressure. Petroleum is mostly recovered from oil drilling. Seismic surveys and other methods are used to locate oil reservoirs. Oil rigs and oil platforms are used to drill long holes into the earth to create an oil well and extract petroleum. After extraction, oil is refined to make gasoline and other products such as tires and refrigerators. Extraction of petroleum can be dangerous and have led to oil spills.
Offshore drilling is a mechanical process where a wellbore is drilled below the seabed. It is typically carried out in order to explore for and subsequently extract petroleum that lies in rock formations beneath the seabed. Most commonly, the term is used to describe drilling activities on the continental shelf, though the term can also be applied to drilling in lakes, inshore waters and inland seas.
The Sarir Field was discovered in southern Cyrenaica during 1961 and is considered to be the largest oil field in Libya, with estimated oil reserves of 12 Gbbl (1.9 km3). Sarir is operated by the Arabian Gulf Oil Company (AGOCO), a subsidiary of the state-owned National Oil Corporation (NOC).
Well completion is the process of making a well ready for production after drilling operations. This principally involves preparing the bottom of the hole to the required specifications, running in the production tubing and its associated down hole tools as well as perforating and stimulating as required. Sometimes, the process of running in and cementing the casing is also included. After a well has been drilled, should the drilling fluids be removed, the well would eventually close in upon itself. Casing ensures that this will not happen while also protecting the wellstream from outside incumbents, like water or sand.
The Santa Barbara oil spill occurred in January and February 1969 in the Santa Barbara Channel, near the city of Santa Barbara in Southern California. It was the largest oil spill in United States waters at the time, and now ranks third after the 2010 Deepwater Horizon and 1989 Exxon Valdez spills. It remains the largest oil spill to have occurred in the waters off California.
Chief Oil & Gas is a company founded in Dallas, Texas in 1994 by Trevor Rees-Jones. Its primary holdings of natural gas were developed in the core areas of the Barnett Shale in Tarrant County, Denton County and Parker County. In 1999, new technology in horizontal drilling and hydraulic fracturing along with rising gas prices made the Barnett Shale, an unconventional resource for natural gas, more economical. Chief rapidly expanded its leasehold position and drilling and production program in the Barnett Shale to become the fields second largest producer there.
Oilfield terminology refers to the jargon used by those working in fields within and related to the upstream segment of the petroleum industry. It includes words and phrases describing professions, equipment, and procedures specific to the industry. It may also include slang terms used by oilfield workers to describe the same.
The Montara oil spill was an oil and gas leak and subsequent slick that took place in the Montara oil field in the Timor Sea, off the northern coast of Western Australia. It is considered one of Australia's worst oil disasters. The slick was released following a blowout from the Montara wellhead platform on 21 August 2009, and continued leaking until 3 November 2009, when the leak was stopped by pumping mud into the well and the wellbore cemented thus "capping" the blowout. The West Atlas rig is owned by the Norwegian-Bermudan Seadrill, and operated by PTTEP Australasia (PTTEPAA), a subsidiary of PTT Exploration and Production (PTTEP) which is in turn a subsidiary of PTT, the Thai state-owned oil and gas company was operating over on adjacent well on the Montara platform. Houston-based Halliburton was involved in cementing the well. The Montara field is located off the Kimberley coast, 250 km (160 mi) north of Truscott airbase, and 690 km (430 mi) west of Darwin. Sixty-nine workers were safely evacuated from the West Atlas jackup drilling rig when the blowout occurred.
Offshore oil spill prevention and response is the study and practice of reducing the number of offshore incidents that release oil or hazardous substances into the environment and limiting the amount released during those incidents.
There are many exemptions for fracking under United States federal law: the oil and gas industries are exempt or excluded from certain sections of a number of the major federal environmental laws. These laws range from protecting clean water and air, to preventing the release of toxic substances and chemicals into the environment: the Clean Air Act, Clean Water Act, Safe Drinking Water Act, National Environmental Policy Act, Resource Conservation and Recovery Act, Emergency Planning and Community Right-to-Know Act, and the Comprehensive Environmental Response, Compensation, and Liability Act, commonly known as Superfund.
Fracking in Canada was first used in Alberta in 1953 to extract hydrocarbons from the giant Pembina oil field, the biggest conventional oil field in Alberta, which would have produced very little oil without fracturing. Since then, over 170,000 oil and gas wells have been fractured in Western Canada. Fracking is a process that stimulates natural gas or oil in wellbores to flow more easily by subjecting hydrocarbon reservoirs to pressure through the injection of fluids or gas at depth causing the rock to fracture or to widen existing cracks.