A year ago, it cost the family-owned Kirkwood Oil & Gas LLC a relative pittance to secure drilling rights in the Powder River Basin, the lonely, scrubby corner of northeast Wyoming known mostly as a home to cattle ranches and coal mines. Today, it’s a different story.
Nostra Terra - the UK listed independent oil and gas firm - confirmed the permitting process for the Paw Paw prospect in the Wyoming, US should be completed "within weeks. and said it has secured more time to drill a well at the project.
Australia's Incremental Oil and Gas has increased its proven producing reserves by 75% to 1,021.7 MBOE1 at its Silvertip oil and gas field in Wyoming USA.
Wood Group has won a $31million contract from Carbon Creek on their coalbed methane asset in the Powder River basin in the US. The deal will see Wood Group PSN (wgpsn) deliver operations management services to the field in Wyoming which consists of 7,000 drilled wells and up to 12,000 drillable locations. The region, which is the largest of its kind in the region, produces 385 million cubic feet of gas per day.
New U.S. fracking safety rules set to take effect Wednesday were put on hold by a Wyoming federal judge who said he needed more evidence to decide whether to block them as requested by drillers and four western states. Before a courtroom audience in Casper that included the state attorneys general of Wyoming and North Dakota, U.S. District Judge Scott Skavdahl said he couldn’t grant or reject a bid for a longer-lasting order because he needed more information about the federal government’s process for making such rules.
Falcon Crest Energy has acquired the remaining working interest in the recently acquired leasehold Rocky Ford field, Wyoming. The company had leased federal lands from the United States Bureau of Land Management last year. Falcon initially retained a 75% working interest in 584.78acres in the Rocky Ford Field but converted the remaining working interest holders into a royalty position.