New BLM Drilling Rule Could Put Wyoming Oil and Gas on Life Support - 18 April, 2024 07:30 AM
AAPG EMD SESSION – Exploring New Energy Frontiers, Tuesday Morning, September 17, 2019 at Little America Conference Center, Wyoming Ballroom B, Cheyenne, WY. Session Chairs: Edith Newton Wilson and Peter Northrup.
From high-altitude, windswept prairies in southwestern Wyoming, the span of the powerful Wind River and Wyoming Ranges can be seen in the distance. This is home to the Pinedale Anticline Project and the Jonah Field, located in Sublette County, Wyo. In 2000, this was the site of one of the most productive gas fields in the continental United States. Gas reserves were estimated at up to 40 trillion cubic feet. That was enough to serve the nation’s entire natural gas demand for 22 months.
Little more than a novelty when first discovered, helium has become a key commodity. It is used extensively in medical cryogenics, analytical and lab applications, breathing mixtures, as a lift gas, for arc welding, leak detection and, contrary to popular belief, only a little is used to inflate party balloons. There are few substitutes for helium and so, as its applications have become more common, demand has grown and supply is struggling to match demand.
Groundwater resources are valuable resources, especially in arid climates such as in South Africa where in a dry year they may receive no rain at all. Welcome to an interview with Surina Esterhuyse, who speaks to us about the special challenges facing water scarce countries and her particular experience in South Africa.
Update and expand your ability to analyze the economics of projects or existing production. This short courses offers you the opportunity to better understand the principles of petroleum economics; including the value of money, quantifying financial risks in petroleum investments, rates of return, forecasting cash flows and the fundamentals of capital budgeting.
Even though oil prices are up from their January lows, many people are focused on the current economic hardships, business bankruptcies and layoffs, and the question naturally arises – was the boom worth it?
The current downturn in the oil and gas industry slammed into parts of the United States like a locomotive. For many oil and gas-producing states, the impact was immediate and substantial. But for U.S. cities hit by the industry’s troubles, it’s been more of a slow-motion train wreck.
In June, 2015, the Environmental Protection Agency released its long awaited draft assessment of the Potential Impacts on Hydraulic Fracturing for Oil and Gas on Drinking Resources. The major finding in the draft assessment is that there is no evidence that hydraulic fracturing has caused “widespread, systematic impacts on drinking water resources in the United States”.
Warren G. Harding’s presidential administration was arguably the most corrupt in American history, and the oil industry was right in the middle of the scandal. The 1920s affair surrounding Teapot Dome Oil Field was the most infamous presidential scandal to happen in the 100-year period between the Grant administration in the 1870s and the Nixon administration.
The shale boom has propelled the United States oil and gas industry to a leading position, not just in production, but also in navigating the perilous waters of public opinion.