All Posts Tagged With: "Wyoming oil and gas industry"

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BLM approves Chevron’s Expansion Plan in Western Wyoming

The BLM said it authorized Chevron to expand Table Rock Field 40 miles east of Rock Springs. The plan calls for 33 shallow new oil wells and 20 deep gas wells, and as many as 35 water injection wells. Chevron also got approval to convert 18 existing wells to water injection wells.

26Jan2012 | admin | 0 comments | Continued
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Millions at Stake for Wyoming in
Natural Gas Price

Natural gas prices will remain below $4 for the next three years, resulting in less revenue for the state and local communities like Laramie, according to a statewide report released this month.

24Jan2012 | admin | 0 comments | Continued
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Wyoming Revenue Projections Down
$100 Million

Continued lower natural gas prices could force state lawmakers to impose spending cuts on state agencies in the legislative session that starts next month, Gov. Matt Mead said Friday. Because of the lower revenue projects, lawmakers will undoubtedly push agencies to trim their existing budgets.

14Jan2012 | admin | 0 comments | Continued
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Oil & Gas CFOs Cite Unconventional Energy Sources as Greatest Investment in 2012

The discovery of new resource plays such as the Niobrara here in Wyoming and Colorado is driving overall oil and gas industry growth in 2012, according to a new study released by BDO USA, LLP. Energy executives are focusing their attention and capital on unconventional resources.

11Jan2012 | admin | 0 comments | Continued
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Group Says Study Needed on Shale Gas
Health Effects

Advances in hydraulic fracturing drilling techniques have revolutionized the natural gas industry, but researchers said more must be done to evaluate what the shale boom means for the those living near wells.

10Jan2012 | admin | 0 comments | Continued
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Wyoming Oil and Gas officials: Safety Report is
a Call to Action

Nearly all of the state’s oil and gas industry deaths were due to a failure to follow existing safety procedures, former state occupational epidemiologist Timothy Ryan said in a memo last month to Gov. Matt Mead.

6Jan2012 | admin | 0 comments | Continued
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Regional Update — Shale Priming The West’s Energy Industry

France energy giant Total SA is joining the domestic shale rush with a $2.3 billion investment in Chesapeake Energy. Meanwhile, China Petrochemical Corp. is ponying up $2.5 billion in a joint venture with Devon Energy to explore oil and gas projects from the Niobrara in Colorado to the Tuscaloosa Marine shale in Alabama and Mississippi.

5Jan2012 | admin | 0 comments | Continued
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Wyoming Gained Manufacturing Jobs Over
Past Year

MNI reports oil and gas extraction remains Wyoming’s largest industrial sector by employment with 9,535 jobs, up 2.2% over the year. Coal mining ranks second and accounts for 6,403 jobs, up 8.4%.

30Nov2011 | admin | 0 comments | Continued
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EPA Delays Refinery Greenhouse Gas Rule

In a statement Monday, the agency said it “needs more time to complete work on greenhouse gas pollution standards for oil refineries, and is working with the litigants to develop a new schedule to replace the current date of mid-December for a
rule proposal.”

22Nov2011 | admin | 0 comments | Continued
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Nerd Gas Drops Plans for Plant Near Lake De Smet, Now Eying Southwest Wyoming

The Nerd Gas decision may come as a surprise to many in Johnson and Sheridan counties, which jointly own Lake De Smet. Company representatives met with local community officials in recent weeks to pitch the economic value of the project and discuss how the project could get the amount of water it needed from the lake.

21Nov2011 | admin | 0 comments | Continued
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Former World Bank President: Wyoming Needs to Increase Foreign Language Requirements

The state’s foreign language requirements are insufficient to prepare students for an increasingly globalized world … and such knowledge is especially important in Wyoming, Wolfensohn said, as the state’s economy is so heavily influenced by world markets for coal, oil and natural gas

15Nov2011 | admin | 0 comments | Continued
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Regional Focus: Oil And Gas Regulatory War Heating Up

Speaking in Denver last week, EPA administrator Lisa Jackson said the federal government has a role in regulating oil and gas drilling activity – establishing ozone levels for hydraulic fracturing emissions, providing guidance on water issues – but that state
and local governments must take the lead.

7Nov2011 | admin | 0 comments | Continued
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Shale Gas Bets Dominate Mergers & Acquisitions

Oil and gas deals got bigger and were dominated by foreign buyers placing bets on U.S. shale plays, according to a report on U.S. energy mergers and acquisitions released Wednesday by PwC’s energy consulting practice.

28Oct2011 | admin | 0 comments | Continued
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Bigger Players Bring Seismic Shift to Shale

Last week’s Kinder Morgan-El Paso pipeline merger announcement was the latest in a flurry of big-money deals that are ushering major energy corporations into the booming business of natural gas in North America’s complex shale rock formations.

25Oct2011 | admin | 0 comments | Continued
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