The Uinta Basin’s history is steeped in names that have come and gone, often departing for oil prizes unconstrained by the Uinta’s takeaway issues of the past.
An A&D broker could run a standalone shop just on trading basin property and marketing farm-ins and farmouts, drill-to-earns, joint ventures and other deals.
But today, the two-decade-old stimulated horizontal revolution has discovered this corner of Utah as market constraint has been unlocked for the basin’s valuable, but complicated, waxy crude. While 1.1 Bbbl of oil have already been produced, the Uinta was late to wildcatting from its start—drilling didn’t begin until the 1940s.
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