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Wyoming

Oil & Gas

WGPSN wins $31million contract on Powder River basin in US

Wood Group has won a $31million contract from Carbon Creek on their coalbed methane asset in the Powder River basin in the US. The deal will see Wood Group PSN (wgpsn) deliver operations management services to the field in Wyoming which consists of 7,000 drilled wells and up to 12,000 drillable locations. The region, which is the largest of its kind in the region, produces 385 million cubic feet of gas per day.

Oil & Gas

New federal fracking rules delayed by US judge in Wyoming

New U.S. fracking safety rules set to take effect Wednesday were put on hold by a Wyoming federal judge who said he needed more evidence to decide whether to block them as requested by drillers and four western states. Before a courtroom audience in Casper that included the state attorneys general of Wyoming and North Dakota, U.S. District Judge Scott Skavdahl said he couldn’t grant or reject a bid for a longer-lasting order because he needed more information about the federal government’s process for making such rules.

Oil & Gas

Falcon Crest Energy acquires remaining interest in Rocky Ford field

Falcon Crest Energy has acquired the remaining working interest in the recently acquired leasehold Rocky Ford field, Wyoming. The company had leased federal lands from the United States Bureau of Land Management last year. Falcon initially retained a 75% working interest in 584.78acres in the Rocky Ford Field but converted the remaining working interest holders into a royalty position.