Oil & Gas

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Report: Strong Oil Sector Buoys Wyoming Economy in 2014

Perhaps most notable was the state’s oil sector. Tax collections on the industry grew. Drilling applications rose. And the number of rigs drilling for oil, though steady in recent months, was up over the same time last year.

15Apr2014 | | 0 comments | Continued
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Energy Imports Drop to Lowest Point in 20 Years

Increased domestic growth in oil and gas production driven by the shale revolution has led to the lowest level of net energy imports in more than20 years, according to a new report from the Energy Information Administration.

9Apr2014 | | 0 comments | Continued
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Editorial: High Court Takes Stand for Openness

So just what is a “trade secret”? That’s what the Wyoming Supreme Court wanted to know when it sent back to district court last week a decision concerning fracking. The justices also said the Wyoming Oil and Gas Commission must be able to prove that the names of fracking chemicals being withheld qualify under that definition.

25Mar2014 | | 0 comments | Continued
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Black Bison Completes Acquisition of SWD Facility in Powder River Basin

In fast-growing shale plays, oil producers and other non-water disposal companies have been forced to drill their own SWD wells instead of focusing resources on fracturing and drilling.

21Mar2014 | | 0 comments | Continued
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Wyoming Pols Introduce Bill to Speed Pipeline Permitting

“Our bill will reduce unnecessary flaring and help energy companies safely capture and sell more natural gas. It’s a win for state and federal budgets and our environment,” Barrasso said in a statement. “States like Wyoming are making strides in reducing the flaring of natural gas during oil production – and it’s time for Congress to do the same.”

16Mar2014 | | 0 comments | Continued
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Anadarko to Drill Hundreds More Wells in the Niobrara Play

One of the biggest players working in the Denver-Julesburg Basin says it plans to drill more than 360 wells there in 2014. However, activity in the Wyoming side of the Niobrara Shale play continues to lag far behind the booming oil and gas activities in Colorado.

7Mar2014 | | 0 comments | Continued
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Southwestern Energy Enters Niobrara Play

Southwestern Energy Production Company has signed an agreement to purchase approximately 312,000 net acres in northwest Colorado targeting crude oil, natural gas liquids and natural gas contained in the Niobrara formation from Quicksilver Resources Inc.

7Mar2014 | | 0 comments | Continued
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Pound for Pound

“The Niobrara doesn’t have as high an oil IP rate as the Eagle Ford or Bakken, but its wells generally produce more gas than the Bakken,” Smith said. Given this additional natural gas production, he added that the Niobrara performs better than the Bakken in terms of Internal Rate of Return

28Feb2014 | | 0 comments | Continued
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Senate Bill to Increase Oil and Gas Bond Gains Initial Approval

Currently, developers must file a bond of $2,000 per well pad with the Oil and Gas Conservation Commission to enter private property without the owner’s permission. Senate File 83, introduced by Sen. Jim Anderson (R-Glenrock), would increase the bond amount to $10,000.

24Feb2014 | | 0 comments | Continued
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Poll: Western Voters OK With Well-Planned
Oil and Gas Development

54 percent of the voters surveyed said they were more likely to support candidates who want to reduce government red tape so that there could be more oil and gas development. At the same time, 65 percent favored use of leasing master plans to try to balance oil and gas drilling on public land.

16Feb2014 | | 0 comments | Continued
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Wyoming Oil Production Climb Sparks Transportation Boom

Converse County is located in the heart of the Niobrara, and production here is skyrocketing. The county’s oil output grew by 26 percent in 2013 alone, according to the Wyoming Oil and Gas Conservation Commission. Statewide, production in the Niobrara increased from around 146,000 barrels in 2008 to almost 3 million last year.

14Feb2014 | | 0 comments | Continued
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Oil and Gas Jobs for Q4: Production Leads the Way

The oil and gas industry added 4,500 positions in the fourth quarter of 2013, a slowdown from the third quarter and the lowest quarterly jobs added since 2009. The full year wrapped up with 28,500 new oil and gas jobs created, slightly down from 2012

13Feb2014 | | 0 comments | Continued
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How U.S. Energy Boom Changes America’s Place in the World

The difference, according to former Obama administration National Security Advisor Tom Donilon, can be summed up in one word: “fracking.” That’s hydraulic fracturing, the drilling method that’s helped fuel an unprecedented domestic energy boom in the United States.

11Feb2014 | | 1 comment | Continued
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Company Ordered to Pay $1 Million for Illegal Oil Discharge

Nadel and Gussman Rockies, LLC (NGR) was ordered to pay criminal fines, restitution and payments to Carbon County for an unauthorized oil discharge that occurred near Rawlins in 2011 that violated the Clean Water Act.

3Feb2014 | | 0 comments | Continued