The Ute Tribe is located in the Uinta Basin of Eastern Utah. The Ute Tribe’s vast energy estate is generated from the Reservation land base, which has exterior boundaries encompassing over 4.5 million acres. The Ute Tribe owns approximately 1.2 million surface acres and has a net mineral ownership of approximately
1 million acres. The Uinta Basin is one of the most active areas of oil and natural gas development in the western United States.
Ute Energy has over 400,000 acres of leased lands, nine active drilling programs, a proven developed asset base with over 6,300 prospective locations, a diversity of projects including exploration and development, midstream and other facilities, all structured to manage risk.
Acquisition Expands Marketing Capabilities in the Uinta Basin of Utah - December 2009
Chipeta Processing LLC, a joint venture formed in 2008 by wholly owned subsidiaries of Ute Energy, LLC and Anadarko Petroleum Corporation, announced the acquisition of the Natural Buttes 101 Gas Processing Plant...