Quicksilver's three productive hydrocarbon basins (Texas, Rocky Mountains and Alberta) are all unconventional natural gas plays at different stages of maturity, development and production—running the gamut from high-growth potential to long-term sustained production with established infrastructure and facilities.
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- Alberta
Coal Bed Methane: Quicksilver through its wholly-owned Canadian subsidiary Quicksilver Resources Canada Inc., is developing Horseshoe Canyon coals.
Target Coals: Shallow coal in southeast Alberta
Proved Reserves: 328 billion cubic feet equivalent (Bcfe) (as of 12/31/07)
Reserve Mix: 100% gas - Montana
Producing Formations: Cutbank Sand, Blackleaf, Bow Island, Sunburst, Madison
Proved Reserves: 12 billion cubic feet equivalent (Bcfe) (as of 12/31/07)
Reserve Mix: 92% oil, 8% gas + natural gas liquids
Wyoming
Producing Formations: Wind River Formation, Tensleep, Phosperia, Mesa Verde, Cody, Fort Union, Morrison
Proved Reserves: 5 billion cubic feet equivalent (Bcfe) (as of 12/31/07)
Reserve Mix: 74% oil, 26% gas + natural gas liquids - Texas
Producing Formation: Barnett Shale
Proved Reserves: 1.2 trillion cubic feet equivalent (Tcfe) (as of 12/31/07)
Reserve Mix: 100% gas + natural gas liquids