With a heavy emphasis on natural gas, our Michigan, Indiana, and Kentucky properties represent a sizable portion of our total reserves. We have interests in 3,729 productive wells in this region, of which most are located in the Antrim Shale in Michigan. Wells in the Antrim Shale typically have very low decline rates and predictable production. Breitburn’s non-Antrim interests are located in several reservoirs including the Prairie du Chien (“PdC”), Richfield (“RCFD”), Detroit River Zone III (“DRRV”) and Niagaran (“NGRN”) pinnacle reefs.
We also operate in the New Albany Shale in Indiana and Kentucky, which has over 100 years of production history.
Breitburn also owns integrated midstream assets in the region to enhance the value of our Michigan properties, as gas is sold at MichCon prices and we have no significant reliance on third-party transportation. Our operations in the New Albany Shale of southern Indiana and northern Kentucky also include a 21 mile high-pressure gas pipeline that interconnects with the Texas Gas Transmission interstate pipeline.
Recent History in Michigan/Indiana/Kentucky