Wyoming Archives - Page 4 of 6

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

March 19, 2018

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

Public, Government Agencies Divided Over 5,000-Well Oil & Gas Mega-Project in Wyoming

March 19, 2018

Mega-project could bring Wyoming 8,000 jobs, $28 billion in revenue over 10 years BLM, EPA differ over best handling of environmental aspects Wyoming Washington contingent fully on board From the Casper Star-Tribune Jim Willox knows when industry is picking up in Douglas, a 6,000-head town in the heart of the southern Powder River Basin. It’s the traffic. The drive-thru may

Silver Creek Partners, Tallgrass Energy Pipeline Will Transport Crude from PRB

February 8, 2018

Silver Creek Midstream, LLC and Tall Grass Energy Partners, LP (ticker: TEP) have signed an agreement to develop the Iron Horse Pipeline, a joint venture pipeline to transport crude oil from the Powder River Basin (PRB) to Guernsey, Wyoming. Iron Horse will connect Silver Creek’s developing gathering system to the Tallgrass Guernsey Terminal, which is currently under construction, and then

Summit Midstream Holds Open Season for Double E NatGas Pipeline

January 29, 2018

Summit Midstream Partners, LP (ticker: SMLP) will be holding a non-binding open season for its Double E Pipeline. The target in-service date for the project is the first quarter of 2021. The project will consist of approximately 120 miles of 24″ to 36″ diameter pipe with a capacity of approximately 1.0 Bcf/d (without compression), expandable to approximately 1.4 Bcf/d (with

Silver Creek Acquires Midstream Assets in Wyoming

January 15, 2018

Silver Creek Midstream, LLC recently announced that it will acquire Red Butte Pipe Line LLC from Merit Energy Company. The acquisition includes crude oil gathering, transportation and storage assets located in the Big Horn and Wind River Basins of Wyoming. Red Butte is a 530-mile crude oil gathering system with an expansive footprint across the Big Horn and Wind River

SM Energy Sells 112,200 Acres for $500 Million

January 10, 2018

Unloads PRB, increasing concentration on Midland and Eagle Ford SM Energy Company (ticker: SM) said that it entered into a definitive agreement to sell a majority of the company’s Powder River basin assets for a cash purchase price of $500 million. The buyer was undisclosed. President and CEO Jay Ottoson said, “Divestiture of these assets is consistent with our strategy

LINN Energy Sells Washakie Properties for $200 Million, Increases Share Buyback to $400 Million

October 5, 2017

LINN Energy, Inc. (ticker: LNGG) entered an agreement to sell its interest in properties located in Wyoming to an undisclosed buyer for a contract price of $200 million, the company said in a press release. The properties to be sold consist of approximately 163,000 net acres in the Washakie Field in Wyoming with second quarter net production of approximately 66

QEP Resources Adds $732 Million of New Permian Acreage

July 27, 2017

EnerCom conference presenter QEP adds 730 potential Hz drilling locations in the new acreage QEP Resources (ticker: QEP) followed its southwestern Wyoming Pinedale anticline divestiture with an acquisition of more acreage in the Permian. QEP said its subsidiary company, QEP Energy Company, had purchased 13,800 net acres in Martin County, Texas, for a sum of $732 million. The new purchase

Codell Sandstone Attracting Oil Drillers to Wyoming

May 8, 2017

Success in the Codell sandstone: Wyoming Geological Survey examines 119 producing Codell horizontal oil wells in Laramie County The Codell sandstone could be a formation that operators might begin to take seriously. A new report from the State of Wyoming Geological Survey (WSGS) looks at data from 119 horizontal wells owned by six operators that have produced oil from the Codell

Wyoming, North Carolina Lawmakers Seek to Shut Down Wind Power

January 19, 2017

From POWER Magazine North Carolina Amazon’s latest wind farm in coastal North Carolina has completed construction and is weeks from beginning operations—and state legislators have just asked the incoming Trump administration to shut it down. The $400 million, 208-MW, 104-turbine project, built by Apex Renewables near Elizabeth City and backed by financing from Iberdrola Renewables, is supposed to power Amazon’s

Elk Petroleum to Acquire Freeport-McMoRan’s Wyoming Gas and CO2 Production Assets

January 4, 2017

Elk secures second largest CO2 supply source in Wyoming for CO2 EOR; profitable production of ~3,400 BOEPD (20 MMSCFD+) Freeport-McMoRan has sold another group of oil and gas assets. Australia’s Elk Petroleum Ltd (ticker: ELK) has entered into a purchase and sale agreement with subsidiaries of Freeport-McMoRan Inc. (ticker: FCX) to acquire all of FCX’s interest in the Madden Gas Field,

Wyoming Sells a 640-Acre Grand Teton Parcel to the National Park Service for $46 Million

December 12, 2016

Some views are meant to be preserved It looks like a breathtaking Western painting that might be hanging in a museum in Denver, or Cody or Jackson, but it’s actually a photograph of the real thing taken by the National Park Service: one of America’s most magnificent legacies: Grand Teton National Park in northwestern Wyoming, just south of Yellowstone National Park. It’s a

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