U.S. District Judge Terry Doughty of Louisiana issued a narrow ruling in the industry's favor on Thursday. The added constraints on federal agency discretion do not extend to Wyoming, where another district judge is still deciding whether they should.
Wyoming's first oil and gas lease sale since 2020 ended Thursday. Companies bid on an unusually low share of available land, but paid significantly more, on average, for the acreage they did lease.
Wyoming’s first federal oil and gas lease sale in more than a year is set to begin today. Few are satisfied with the offerings. And nobody is sure how it will play out.
Wyoming schools are getting dramatically less revenue from land use, a sign of the sluggish energy market following the pandemic.
Wyoming's attorney argued that the halt on new onshore oil and gas leasing violates federal law. The Department of Interior's lawyer saw it differently.
The federal government will include one-third fewer Wyoming tracts than anticipated in the first oil and gas lease sale of the Biden presidency.
The agency published its complete list of nominated lands on Aug. 31, and initiated a public scoping period that lasted from Sept. 1–Oct. 1. It has not yet set a date for the sale.
Originally scheduled for the week of March 15, the sale will take place at a later date, the Bureau of Land Management told the Star-Tribune.
The company has avoided laying off any workers since the pandemic and energy downturn began in March. But times are still tough.
Opponents of the bills said imposing more taxes on wind energy producers would drive out industry or make Wyoming too costly for new development to take place.
All nominated parcels included in the sale fall within habitat home to sage grouse, a point of contention for several conservation groups.
Only eight parcels covering about 4,000 acres will be available to oil and gas developers in Wyoming during Thursday's third quarter lease sale.
The Bureau of Land Management will postpone the second quarterly oil and gas lease sale in Wyoming, originally scheduled for June 22, due to health and safety concerns.
Despite the Bureau of Land Management's decision to postpone oil and gas lease sales in four neighboring states, Wyoming's is still scheduled for June 22.
This year's first oil and gas lease sale came at an uncertain time for Wyoming. Oil prices have plummeted and investors have ditched energy shares. Despite these conditions, 72 percent of available parcels sold.
Giving up land to oil companies with little ability to drill denies the public access to the land for recreational use, the groups explained. It also gives up minerals owned by taxpayers well below market value.
The quarterly oil and gas leasing bonanza that’s regularly driven millions into Wyoming’s coffers since early 2017 fizzled this December when …
Wyoming netted nearly $19 million from an oil and gas lease sale Friday.