The number of drilled but uncompleted wells (DUCs) in the U.S. shale patch has skyrocketed by roughly 60 percent over the past two years. That leaves a rather large backlog that could add a wave of new supply, even if the pace of drilling begins to slow.
DENVER, CO — The Colorado Supreme Court issued a decision today, restoring the rights of property owners, and reinstating the longstanding regulations on energy exploration enacted by the Colorado State Assembly.
What's New This Quarter
After declining by more than 20 percent from the October peak, oil prices are showing some signs that they have now bottomed out.
Oil prices regained more ground on Wednesday, pushed higher after equity markets rebounded from an initial selloff at the start of 2019 trading.
As national parks have soared in popularity in recent years, local leaders in the communities surrounding Yellowstone spoke to U.S. Sen. Steve Daines (R-Mont.) about how increased visitation is leading to strain on resources in the area during a Congressional field hearing on Friday.
Fresh off the Democratic capture of the U.S. House of Representatives, green groups with ties to wealthy anti-fossil fuel foundations are working to position climate change as a top priority despite very little traction for the issue on the campaign trail.
BIG HORN COUNTY, MONTANA - Clearmont, Wyo.–based Alta Vista Oil (Alta Vista), who appears to be representing Apache Oil, has a new field discovery at a remote site located in the northwestern portion of the Powder River Basin in Montana. Spotting some 2 miles north of the Wyoming border and …
AUGUSTA – As the Sun began to set south of Augusta last week, a group began to gather in a stubble field on the Milford Colony, just north of Bowman’s Corner.
CHEYENNE, WY - In keeping with the Administration’s goal of strengthening America’s energy independence, the Bureau of Land Management will offer 45 parcels totaling 72,843.75 acres in the High Desert District at its December quarterly oil and gas lease sale. The BLM will hold the lease sale…
As part of President Trump’s goal to reduce the burden of Federal regulations that hinder economic growth and energy development, the Bureau of Land Management (BLM) today announced in the Federal Register a proposal to rescind the 2015 final rule on hydraulic fracturing—a rule that was neve…
Clears the way for developing clearer, more workable regulations for accurate accounting and valuation of oil, gas and coal from Federal and Indian leases
The rise of electric vehicles and the quest to find solutions to energy storage for the renewables industry have created a breeding ground for tech experts to develop battery technologies.
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OMAHA, NE – “We’ve been working on the attorney’s fees reimbursement issue since 2009, and the idea that the federal government basically pays environmental groups to sue the federal government to stop our use of the land is still hard for me to understand eight years later,” said Cheyenne A…
BOZEMAN, MT -- Even as Montana State University scientists gear up for another epic expedition in Antarctica, they continue to publish new findings from their last one. In their latest paper, they reveal the discovery of a large supply of methane and the surprising way that nature keeps it f…
First approved in Montana in 2012, the Keystone XL pipeline continues to face obstacles greater than those attributed to the regulatory framework intended to safeguard the environment.
Like many industries today, the oil industry is trying to sell its many job opportunities to the fastest growing portion of the global workforce: Millennials. But unlike any other industry, oil and gas is facing more challenges in persuading the environmentally-conscious Millennials that oil…
Interior Secretary Ryan Zinke said the Bureau of Land Management has “not been a good partner” in conducting lease sales and providing an efficient permitting process, and directed the agency to “follow the law” in a secretarial order issued Thursday.
BISMARCK, N.D. – Facebook Founder and CEO Mark Zuckerberg visited the Bakken yesterday and had the opportunity to tour an oil rig near Williston, N.D. During the two hour tour, Zuckerberg visited with oil and gas employees and learned about the industry’s advancements in technology, safety a…
Mineral leases associated with two more oil wells drilled by Primary Petroleum Company USA, Inc. were recently acquired by Noah Energy of Riverton, Wyoming.
Recently, petroleum geologists from around the Rocky Mountain region attended the annual meeting of the American Association of Petroleum Geologists (AAPG) Rocky Mountain Section, which was held in Billings this year. Over 450 AAPG members attended, “much more than expected,” said Great Fall…
A Texas Congressman launched the Congressional Oil and Gas Caucus focusing on oil, gas, and other petroleum products, according to a report by E&E News.
WASHINGTON – Due to the success of conservation efforts and collaboration among a variety of stakeholders, U.S. Secretary of the Interior Ryan Zinke announced today that the Yellowstone population of the grizzly bear has been recovered to the point where federal protections can be removed an…
BILLINGS, MT – Bids on oil and gas leases in northern and southeastern Montana brought in $720,843 in an online auction held June 13, by the Bureau of Land Management.
Cases involve Federal mineral leases in Glacier County, Montana
The U.S. shale industry might have just received a huge windfall with the nine-month extension of the OPEC cuts. Shale output was already expected to come roaring back this year, but the extension of the cuts provides even more room in the market for shale drillers to step into.
Custer County Acreage Featured
Several western Republicans welcomed the news that the United States would withdraw from the Paris Climate agreement after an announcement made by President Donald Trump in the Rose Garden last week.
Re-Entry of Plugged Wells
New Locations
Commodity Prices Negatively Affect Drilling
A newspaper in Boulder, Colorado published a letter to the editor last month calling for violent attacks on oil and natural gas workers and facilities. But instead of retracting the letter and issuing an apology, as other publications have done in similar cases, the newspaper let it stand wi…
In the April meeting of the Montana Board of Oil and Gas Conservation (BOGC), the board approved the forfeiture of the plugging and reclamation bond for the Krone Augusta 31-32 oil well.
Completions
Re-Issued Locations
On Wednesday, another Federal Oil and Gas leaseholder affected by decades of delays and by the “sudden” cancellation of a Federal oil and gas lease in Glacier County filed a complaint in the U.S. District Court for the District of Columbia.
WASHINGTON – Today, U.S. Secretary of the Interior Ryan Zinke signed two secretarial orders to advance American energy independence. The Secretary’s orders foster responsible development of coal, oil, gas, and renewable energy on federal and Tribal lands and initiate review of agency actions…
A little good news for a change in the Montana Oil Patch!
Denver based Thomasson Petroleum E&P LLC has reported the completion of the Rice Ridge 25-11-26-5, a Madison Formation well that was spud on June 4, 2016. According to the filing with the Montana Board of Oil and Gas Conservation, the well was completed by June 20. The well is reported a…
The National Shooting Sports Foundation (NSSF), the trade association for the firearms, ammunition, hunting and shooting sports industries, praised Secretary Zinke’s swift action in scrapping the ban on lead by hunters and anglers in outdoor recreation that was passed on the final full day b…
A policy of nationalizing chunks of an economy inevitably creates oligarchs who skim profits off the country's natural resources.
WASHINGTON -- The U. S. Environmental Protection Agency (EPA) is withdrawing its request that owners and operators in the oil and natural gas industry provide information on equipment and emissions at existing oil and gas operations. The withdrawal is effective immediately, meaning owners an…
About 30 people ventured out into the cold night air last week to attend a meeting held by the U.S. Forest Service regarding a proposed action to revise the forest plan for the Helena-Lewis and Clark National Forest (HLCNF).
Lyle Laverty is one of two Forest Service veterans known to be on the Trump Transition team’s list of candidates to be the next Chief of the Forest Service. The other is Michael Rains, who we are interviewing in a few days. In this interview, Mr. Laverty answers as series of questions we pos…
Re-Issued Locations
Three oil and gas leases were recently recorded with the Teton County Clerk and Recorder.
From the Department of Interior:
In 2011, Canadian based Primary Petroleum Company USA, Inc. launched an aggressive drilling program in Teton and Pondera counties, punching holes along the Eastern Slope probing the eastern edge of the Rocky Mountain Thrust Belt.
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