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Colorado has 40 times more natural gas than thought

natural gas, Colorado, hydraulic fracturing

DENVER (AP) — Western Colorado has 40 times more natural gas than previously thought, but an immediate boom is unlikely because of low gas prices, government and industry experts said Wednesday. The U.S. Geological Survey said the Mancos Shale formation in Colorado’s Piceance (PEE’-yahns) Basin holds about 66.3 trillion cubic feet of gas, up from 1.6 trillion estimated in 2003. ...

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Wyoming energy plan seeks wider role in US land planning

Fired by coal from the Powder River Basin of Wyoming. W. A. Parish Power Plant has changed hands from Houston Light & Power to Reliant Energy to NRG Energy. (Image: Roy Luck via Flickr)

CHEYENNE, Wyo. (AP) — Updating the state’s energy plan at a bleak time for Wyoming’s coal, oil and natural gas industries offers little solace for people losing their jobs but helps ensure the state is doing all it can for its economy, Gov. Matt Mead said in releasing the plan Monday. Wyoming can’t control the global coal, oil and natural ...

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State regulators reject requests to toss out Keystone XL

PIERRE, S.D. — State regulators could make a decision as early as next month on whether to again approve the South Dakota portion of the Keystone XL pipeline. The state Public Utilities Commission denied requests Tuesday to throw out the pipeline project. Opponents argued that President Barack Obama killed the pipeline in November. William Taylor is an attorney for TransCanada ...

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Stuck in the mud? Safe-T-Pull

Imagine this: It’s one of those cold, wet, late-fall evenings in Western North Dakota. The weather conditions are worsening, but you promised your most important client you’d make a last-minute fuel oil delivery to his rig. “Just one more and I can call it a day,” you tell yourself, relaxing to the rhythm of the rain. Then it happens. An ...

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Park County cuts Marathon a break on office rent

CODY, Wyo.  — Park County commissioners have given one of the world’s biggest oil companies a break on paying office space rent, citing the oil and gas industry’s financial woes because of low prices. At the company’s request, the commission provided Marathon Oil Corp. a two-year reprieve from the annual 2.4 percent rate hikes they typically demand of office tenants ...

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What might prompt a short-covering rally in U.S. oil price? Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON – Hedge funds remained unusually bearish on U.S. oil prices last week even as the cost of WTI tumbled towards the lowest level since 2009. Hedge funds and other money managers held short positions in WTI-linked futures and options equivalent to more than 193 million barrels ...

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On the road to progress: Oil and gas industry relations with public growing better

Amid a crowd of business owners, Windsor residents and town staff, proponents and opponents of oil and gas activity in the region jockeyed to influence Windsor’s future during a comprehensive plan meeting May 6. Town staff tried to ease the tension between oil and gas representatives and community organizations, but their best efforts were in vain. Some residents, many of ...

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Wells Ranch line continues to burn residual gas, in-house investigation pending

The ruptured pipeline that exploded on Wells Ranch about 17 miles northeast of Greeley continued Friday to burn residual natural gas under the supervision of energy industry and fire officials, according to a news release from Williams Midstream. The explosion occurred about 2:15 p.m. Thursday on Wells Ranch near the intersection of Weld County roads 61 1/2 and 66, just ...

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Part of Wyoming-to-Midwest gas line to flow other direction

CASPER, Wyo. — Part of a $4 billion natural gas pipeline completed six years ago to export gas from the Rocky Mountain region to the Midwest is about to move gas in the opposite direction. The reason: Surging gas production in eastern states has provided a new source of gas for Chicago and other Midwestern markets. On Aug. 1, Rockies ...

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Colorado officials planning for new carbon pollution rules

DENVER — Colorado officials say they’re planning for an expected EPA rule next month that could require a 30 percent reduction in carbon-dioxide emissions nationwide by 2030. Colorado Air Pollution Control Division director Will Allison said a number of options are being considered, including improving insulation at existing coal plants, shifting generation to natural-gas combined plants, more renewable energy and ...

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