All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Sign up for the Morning Headlines Newsletter and receive up to date information. Click here to manage all Newsletters. Coverage of your favorite teams from Montana's Sports Leader. Oil and Gas companies were operating five rigs in Wyoming the week of Jan. This week, drillers, roughnecks and tool pushers were staffing 15 rotary rigs , according to Baker Hughes , a leading energy technology company.
During the ongoing pause, the Wyoming Oil and Gas Conservation Commission has granted 1, drilling permits to energy companies, according to commission records. The Bureau of Land Management stopped at least two scheduled lease sales in Wyoming this year, sales that historically have earned Wyoming millions of dollars earmarked for education and other services.
But the industry has ample federal leases to develop, according to a page report by the Conservation Economics Institute. Further, of hundreds of counties in the Intermountain West, Wyoming has nine of the 15 with the highest number of federal leases sold in the last five years. Wyoming has enough untapped, leased federal property to sustain drilling for 67 years, the CEI report states.
John Barrasso and Gov. Liz Cheney last month also pushed for development. Operators like Jonah that drill on federal lands are at a competitive disadvantage because of time-consuming regulations, distance from markets and other factors, he said. The political jousting over the leasing pause and potential reforms began before Biden even took office, with Wyoming legislators commissioning an analysis by University of Wyoming professor Tim Considine on potential Biden actions.
Reproducibility is an essential element of scholarly work, the consultant said. They cover more than 5 million acres, an area larger than Connecticut and spanning more ground than leases in four other Intermountain West states combined, he said. The leasing pause may not affect counties with numerous federal leases, Hjerpe said. Some rural communities are shifting from dependence on oil and gas to instead accommodate higher-end service sectors like financial consultants, the report states.
Environmental values are key to the lifestyle of such professionals, CEI states, but large amounts of leasing and development can be a drag on any transition a community might be making. A one-year leasing pause would keep 1. Angus M. Thuermer Jr. He is a veteran Wyoming reporter and editor with more than 35 years experience in Wyoming. Contact him at angus wyofile.
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At the federal Energy Information Agency you can look back over the decades for comparisons. TCI Business Capital does not control, endorse or guarantee any of the information contained therein. This third party site may have privacy and information security policies different from those of TCI Business Capital. Search Search. Toggle navigation. Current Active Drilling Rigs. Here are some common things to Read More.
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