Wyoming

Anadarko Petroleum Corp. (APC) wants to sell its stakes in 155 producing wells on about 100,000 gross acres in the Washakie Basin of Wyoming and the Sand Wash Basin of Colorado. Total production for the fields, which are 96% weighted to natural gas, averaged 39.4 MMcfe/d net in the first seven months of the year, which is equal to nearly 5% of APC’s daily gas production in the Rockies in 2Q2007.

Anadarko Petroleum Corp. (APC) wants to sell its stakes in 155 producing wells on about 100,000 gross acres in the Washakie Basin of Wyoming and the Sand Wash Basin of Colorado. Total production for the fields, which are 96% weighted to natural gas, averaged 39.4 MMcfe/d net in the first seven months of the year, which is equal to nearly 5% of APC’s daily gas production in the Rockies in 2Q2007.

Bringing in a little bit of help on the company’s Powder River Basin operations in Wyoming, PRB Energy Inc. said Tuesday it has entered into an agreement with Pearl Investment Co. to create a jointly owned limited liability company (LLC) that will operate PRB’s Recluse Gathering System.

FERC has approved Wyoming Interstate Co. Ltd.’s (WIC) application to build a major supply lateral and mainline compression facilities to satisfy the growing demand for take-away capacity in the Uintah Basin in Utah.

FERC has approved Wyoming Interstate Co. Ltd.’s (WIC) application to build a major supply lateral and mainline compression facilities to satisfy the growing demand for take-away capacity in the Uintah Basin in Utah.

Denver-based Teton Energy Corp. is building its position in the Big Horn Basin of Wyoming following the purchase of 6,250 acres in which it will hold a 100% working interest. Teton already was in the process of buying 5,750 acres in the basin, and it expects to hold and operate 12,000 acres in the emerging leasehold by June 6. The seller was not disclosed, and Teton did not provide financial details. The Rocky Mountain-focused independent currently has 6,314 acres in the Piceance Basin, 266,572 acres in the Denver-Julesburg Basin and 87,032 acres in the Williston Basin. The company plans to continue building the acreage position over the next quarter and plans to drill at least one Teton-operated well by year-end. The Big Horn purchase “represents an important first step for Teton as we execute our long-term strategy of building our operating presence in the assets we own,” said CEO Karl F. Arleth. “With a 100% working interest in this relatively untouched acreage, we believe this acquisition represents an excellent opportunity to develop new oil and gas resources that will be key drivers of Teton’s growth going forward.”

Denver-based Teton Energy Corp. is building its position in the Big Horn Basin of Wyoming following the purchase of 6,250 acres in which it will hold a 100% working interest. Teton already was in the process of buying 5,750 acres in the basin, and it expects to hold and operate 12,000 acres in the emerging leasehold by June 6.

FERC has issued favorable environmental reviews for three expansions proposed by Wyoming Interstate Co. Ltd (WIC), Gulfstream Natural Gas System and Texas Eastern Transmission LP (Tetco) to serve a number of growing gas markets in the United States, including Florida and New Jersey.

FERC Friday issued favorable environmental reviews for three expansions proposed by Wyoming Interstate Co. Ltd (WIC), Gulfstream Natural Gas System and Texas Eastern Transmission LP (Tetco) to serve a number of growing gas markets in the United States, including Florida and New Jersey.