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Warren Resources Receives Draft EIS for Rockies Atlantic Rim CBM Program

After three years of planning and preparations, the Atlantic Rim coalbed methane (CBM) development project in the Washakie Basin of southern Wyoming moved one step closer to receiving a green light last week. The Bureau of Land Management (BLM) posted a draft Environmental Impact Statement (EIS) for the project on its website and published a Federal Register notice about it on Dec. 16.

Warren Resources Inc. and Anadarko Petroleum are planning to drill a maximum of 1,800 coalbed methane wells and 200 conventional natural gas wells on the 270,080 acres that make up the Atlantic Rim over the next 20 years, with a total project life span of approximately 30 to 50 years.

Warren and Anadarko entered into an agreement in December 2002 to jointly explore for and develop CBM in the fairway of the Atlantic Rim area. The EIS is now subject to a 60-day public comment period ending on Feb. 17. A public hearing will be held in Rawlins on Feb. 2, but written comments on the draft EIS will be accepted until Feb. 17.

"We are encouraged that we are moving closer to commencement of a broad scale development drilling program," said Warren Resources CEO Norman Swanton. "With this step by the BLM our timeline now envisions project approval by late summer 2006. In addition, we are in the process of gearing up the requisite resources to accelerate our exploitation program."

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