Statewide, Tom Brown operates 445 wells and produces a net 65 million cubic feet equivalent per day. One company that has hitched its future to Wyoming is Tom Brown Inc. As Wyoming's pipeline web has expanded, the greater access to national markets has translated into wider wellhead margins. An easing of the basis differential that has long penalized producers in the region has further helped. No question, the economics of natural gas production in Wyoming today are far better than those endured a decade ago. Dogged experiments with everything from fracture stimulations in finicky tight sandstones to openhole completions in low-gas-content coalbed reservoirs are turning once non-commercial plays into valuable corporate assets.Īt the same time they are enhancing well productivities, operators have also been successfully lowering well costs. The prodigious quantities of gas locked in Wyoming's sandstones, shales, dolomites and coals are succumbing to the focused efforts of companies that are applying the latest technologies. Yet, operators statewide are engaged in gas projects of all stripes as well. Granted, more than 80% of the permits issued in 1999 targeted ultra-shallow coalbed methane reservoirs, mainly in the sizzling Wyodak play in the Powder River Basin. According to the Wyoming Oil & Gas Conservation Commission, approved oil and gas well drilling permits surged from 1,903 in 1997 to 2,448 in 1998, to more than 5,800 in 1999, with December applications still being processed. All indications are that 1999 gas production will continue the upward trend. Wyoming's natural gas production hit 1.2 trillion cubic feet (Tcf) in 1998 that was the most produced in the state's history. And, thanks to a relentless application of technology, operators are recovering ever more of this resource at economic rates. Meritorious Awards for Engineering Innovation (MEAs)įrom deep, prolific formations crinkled beneath its massive thrust sheets to thick coal seams layered below its windswept eastern prairies, Wyoming bears vast quantities of natural gas.Rextag database of energy infrastructure assets Prices for top E&P stocks and commodities. Information on assets, buyers and sellers, deal values, and more.Ī searchable database of oil and gas debt and equity offerings.
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