CASPER (AP) — Oil and gas leaseholders say they have no immediate plans to expand operations on the Moneta Divide field in central Wyoming.
Aethon Energy tells KTWO-AM that it does not plan to conduct a large-scale drilling program on the field in Fremont and Natrona counties anytime soon.
The company says developing the field would require drilling thousands of wells.
You have free articles remaining.
Burlington Resources says it could drill up to 150 new wells but it's unlikely it would seek funding for the project.
Bureau of Land Management Public Information Specialist Brad Purdy says companies sometimes delay development projects after approval.
He says the agency "can't really force a company to start development on this day or that day."