A new perspective: rediscovering the Niobrara Formation in Colorado's North Park Basin. Developing new hypotheses regarding pressure, petrophysics, maturity, and resource in-place, as well as new engineering methods for developing an over-pressured resource play
Brian Berwick, Senior Vice President of Geology
Jason Schmidt, Senior Vice President of Operations
Fulcrum Energy Capital Funds
Abstract
The North Park Basin has a long production history but has been plagued by significant operational challenges and highly inconsistent results in recent horizontal drilling. Join us for a critical re-evaluation of this complex play. Brian will unveil a new perspective on the Niobrara Formation, sharing innovative methods in petrophysics, pressure analysis, and resource assessment that have clarified the erratic historical outcomes. Jason will detail the enhanced operational practices that have brought consistent drilling and completion success since 2023. This collaborative approach has transformed the basin, clarifying its reputation and highlighting its promising large-scale development potential
Bios:
Brian Berwick
Brian Berwick is the Senior Vice President of Geology at Fulcrum Energy Capital Funds, where he manages geological evaluations for both current assets and new investment opportunities. He is an award-winning exploration geologist with over 20 years of experience. Before joining Fulcrum, Brian worked as an exploration and development geologist at Axia Energy I and II, and Samson Resources. While at Axia Energy II, Brian was awarded with the Michael S. Johnson Explorer of the Year Award by the Rocky Mountain Association of Geologists. Born and raised in Colorado, Brian earned his B.S. in Geology from the University of Colorado and his M.S. in Petroleum Geology from the Colorado School of Mines.
Jason Schmidt
Jason Schmidt is Senior Vice President of Operations at Fulcrum Energy Capital Funds and oversees operations at Fulcrum Energy Operating. He is responsible for development planning and execution, oversight and management of operations within all investments, and assisting in the evaluation of new investment opportunities. Prior to joining Fulcrum, Jason served in various leadership roles across production, facilities, operations, completions, M&A, and reservoir engineering at Taprock Resources, Crestone Peak Resources, and Ovintiv (and its predecessors). Jason has over 20 years of experience operating both conventional and unconventional oil and gas wells across the United States and parts of Canada. Jason is originally from Wyoming and holds a B.S. in Mechanical Engineering from the University of Wyoming, as well as a Master of Engineering in Petroleum Engineering from the Colorado School of Mines.