Wyoming Projects
Investing in Oil & Gas
Last Updated: 04/27/24
Wyoming Operations
HOW IT STARTED
- Twelve horizontal wells spud in March, April and May of 2023
- Seven of the wells are completed (3 turned to production)
- Remi Fed produced 28K BO in August (Currently making 1,000+ BOPD)
- Map shows nearby wells that have produced over 500k BO in less than 18 months
- Anschutz Exploration Corporation (AEC) is one of the top operators in America
- AEC operates 84 wells in Converse County that have produced over 19 million BO
- Converse County is the largest producer of crude oil in the Powder River Basin
- The Powder River Basin is one of the most resource‐rich areas in the United States with massive reserves of coal, crude oil and natural gas
HOW ITS GOING
WYOMING 3:
WYOMING 4:
WYOMING 5:
WYOMING 6:
What’s Next for Wyoming?
- Wyoming #3 alone just sent out their first checks – 20%!
- Wyoming #7 is ramping – So new that the details aren’t even ready for the website!
- VERY Limited Interest Available – Contact Me Today
- Limited interest available for #7 with a high potential to earn some profits!
- Major Operators (like EOG) are in the game to make money for themselves and their investors – but don’t wait too long; #7 will fill up fast!
More About #7 with EOG Resources
- The wells in this partnership are among some of the best oil wells in Wyoming.
- Many of our Wyoming Partnerships have paid out over 75% on $3.50 MCF and $50.00 oil average
- Current price per barrel of oil is over $83.00
- Nearby wells have produced over 200,000 BO or 1,000,000 MCF in less than 2 years
- A few of our most recent wells have paid out 202% and 112% while still cash flowing 2-5 percent a month
Wyoming Energy Industry in the News
Wyoming Oil and Gas Industry Takes a Substantial Step Towards a Clean Energy Future
The article from Wyoming Public Radio discusses the evolving stance of Wyoming’s oil and gas industry towards addressing climate change concerns while ensuring sustainability and economic growth. Here are some additional insights and information about this article:
Shift in Industry Perspective: The creation of the Wyoming Carbon Innovation Network by the Petroleum Association of Wyoming (PAW) indicates a significant shift in the industry’s perspective. Instead of solely focusing on traditional extraction methods, the industry is exploring sustainable practices to manage carbon emissions effectively.
Carbon Management: The network’s primary objective is to delve into ‘carbon management.’ This involves not only the removal of carbon emissions from oil and natural gas production but also determining viable methods for its storage, utilization, or removal from the atmosphere.
Enhanced Oil Recovery (EOR): A notable application of captured carbon is enhanced oil recovery. By injecting carbon dioxide (CO2) into aging wells, it not only aids in extracting more oil but also contributes to cleaning the reservoir rocks, thereby increasing oil production efficiency.
Collaborative Approach: The network aims to foster collaboration among various stakeholders, including smaller oil and gas companies, experts, and academics. By doing so, it seeks to bridge knowledge gaps, identify opportunities, and accelerate the development of the carbon management industry within Wyoming.
Environmental Concerns: While some environmental groups acknowledge carbon capture as a potential solution to mitigate climate change impacts, they raise concerns about its cost-effectiveness and the potential perpetuation of fossil fuel dependency. The article cites an International Energy Agency (IEA) report highlighting the high costs and uncertainties associated with carbon removal technologies.
Divergent Views: The article underscores the divergence in opinions regarding the utilization of captured carbon. While Julie Martinez emphasizes the network’s potential to bolster Wyoming’s oil and gas industry and align with environmental goals, environmental advocates stress the imperative to prioritize a transition away from fossil fuels towards renewable energy sources.
In summary, the article sheds light on Wyoming’s oil and gas industry’s proactive measures to navigate the challenges posed by climate change. By establishing the Wyoming Carbon Innovation Network, the industry aims to strike a balance between economic growth, job preservation, and environmental stewardship, albeit amid ongoing debates and concerns from environmental stakeholders.
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Greg Hillman, Vice President
DW Energy Group
Office: 214.758.0880
Text: 972.787.6807
ghillman@dwenergygroup.com
