U.S. oil and gas permitting on federal lands jumped 8% in September from August, with Texas operators posting the largest increase since March, according to a monthly tally by Evercore ISI. The firm every month compiles permit data from federal and state sources, which provides a bird’s eye view of where drilling by exploration and…
Wyoming
Articles from Wyoming
MPLX Testing Crude Transportation Capacity to Utah from Wyoming
MPLX LP is gauging shipper interest in 11,000 b/d of incremental firm priority crude transport capacity from Wyoming to Utah. The open season, which runs through noon on Oct. 23, is for an expansion of the SLC Core Pipeline system and would move Denver-Julesburg Basin crude from Fort Laramie Station, WY, to Wahsatch Station, UT.…
Ultra Emerges as a Private Wyoming Natural Gas Explorer with New Brand
Long-time Lower 48 natural gas producer Ultra Petroleum Corp. has emerged from Chapter 11 with a new name and as a private operator, still focused on Wyoming prospects. The Englewood, CO-based producer in May filed for Chapter 11 protection for the second time in four years to eliminate debt exacerbated by low prices and stinging…
Oxy Takes $1.3B for Western Properties, Propels Permian Carbon Capture Project Forward
Occidental Petroleum Corp. on Wednesday padded its bottom line with a big deal to sell a bundle of western properties, while boosting another venture to develop a massive carbon capture facility in its No. 1 Lower 48 play, the Permian Basin. The Houston-based independent, better known as Oxy, agreed to sell some Colorado, Utah and…
Aethon Energy, Burlington Resources Get Green Light to Develop 4,250 Wells as Part of Moneta Divide Project
The U.S. Department of the Interior’s Bureau of Land Management (BLM) said it approved the development of up to 4,250 oil and gas wells for the Moneta Divide Project in Wyoming. The project stretches across more than 327,000 acres of mostly public lands. Aethon Energy Management and Burlington Resources Oil and Gas Company LP proposed…
Wyoming’s Declining Fossil Fuel Revenue Contributes to $1B Budget Deficit
Facing a $1 billion budget deficit in part linked to a decline in revenue from the energy sector, Wyoming Gov. Mark Gordon has ordered a 10% budget cut across the board. Given the budget challenges from the coronavirus and the economic slowdown, “the quicker we act, the greater ability the state will have to minimize…
Wyoming Governor to Fight for Protecting Natural Gas, Oil and Coal Development
Recognizing carbon sequestration needs to be part of the mix, Wyoming Gov. Mark Gordon on Monday pledged to continue advocating for the natural gas, oil and coal industries while pushing back against anti-fossil fuel advocates he called “myopic.”
Wyoming Governor’s Budget Proposal Looks to Low Carbon Options
In a state where natural resources are the major economic drivers, Wyoming Gov. Mark Gordon on Tuesday revealed that his austere budget priorities will emphasize the reality of low- and zero-carbon energy options.
Wyoming Firm Plans to Repurpose Produced Water from Energy Operations for Farmlands
With the intention of being the nation’s first midstream energy-agriculture company, a privately held Wyoming company on Monday obtained permits to use produced water from oil and natural gas operations on the state’s agricultural lands.
Wyoming Absolves E&Ps of Impact on Pavillion’s Past Water Issues
Wyoming environmental regulators on Monday upheld a long-standing determination that exploration and production (E&P) activity was not the cause of drinking water contamination in the town of Pavillion, as federal regulators alleged more than a decade ago.