Thursday, November 21, 2024

Williams Weighs Selling Stake in Wyoming Pipeline

From Bloomberg Its 50% of Jackalope system could fetch more than $500 million Division gathers and processes gas in Powder River Basin   Williams Cos., one of the biggest natural gas pipeline operators in the U.S., is seeking buyers for its stake in Jackalope Gas Gathering Services, which could fetch more than $500 million in a sale, according to people

Wyoming Watching Colorado’s Anti-Fracing Ballot Issue

From the AP/Sheridan Media CHEYENNE, Wyo. (AP) — Energy leaders in Wyoming are closely watching the fate of a Colorado ballot initiative that would severely limit fracking on non-federal land in that state. The Wyoming Tribune Eagle reports that Colorado-based opponents of the initiative warn it could drive jobs, capital and production northward into Wyoming. But Wyoming industry leaders say

Wyoming Has 18,000 Drilling Permits in the Queue for Approval and 30 Active Rigs

Wyoming attractive as other basins face challenges From the Casper Star Tribune With not enough pipeline capacity to move the prolific mineral development in Texas’s Permian basin, large firms are thinking of distributing their resources elsewhere. A number of companies are either considering other regions where they have a presence or reducing completions on wells in the Permian, according to

Samson Resources II Expands in Sweetwater

Privately held Samson Resources has acquired approximately 33,000 gross acres / 10,500 net acres plus working interests in 30 wells (29 operated by Samson) in the company’s core operating area of Sweetwater County, Wyoming. Samson acquired the acreage and wells from a non-operating working interest partner for a total consideration of $15.9 million. This follows a busy 2017, where they

Who Will Bid for Cloud Peak Energy’s Coal Mines in the Powder River Basin? Oil & Gas 360

Wyoming Coal Production Reflects Demand for Higher Heat

Nation’s largest two surface mines mostly hold course, others see large drops From the Casper Star Tribune Wyoming mines that produce lower heat coal appear to have struggled in the first quarter of the year while the state’s largest mines held steady, according to early production counts from the U.S. Mine Safety and Health Administration. Powder River Basin coal production

Elk Petroleum’s Grieve CO2 Project Starts Production

Elk Petroleum Limited (ticker: ELK) has commenced production on its Grieve CO2 EOR Project. The company said it expects initial gross oil production of 1,100-1,200 BOPD. CEO Brad Lingo commented, “I’m exceedingly pleased to announce the start-up of oil production from the Grieve CO2 EOR project. Reaching this point has been the result of the commitment and dedication of the

Bill Barrett

Bill Barrett Closes Merger with Fifth Creek Energy, Changes Name and Stock Symbol

Starting tomorrow you can call it HighPoint Resources Bill Barrett Corporation (NYSE: BBG) has completed its strategic combination with Fifth Creek Energy Company, LLC.  The merger between Bill Barrett and privately held Fifth Creek Energy closed March 19, 2018. In conjunction with the merger’s closing, the oil and gas industry can flip the switch from an iconic name with a long history in