License Resulting Revocation For The Certificate
Description
How to fill out Notice To Licensee To Discontinue Deviation From License Resulting In Trespass Or Suffer Revocation Of License?
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FAQ
Wyoming Oil & Gas Activity Stats CategoryLast Year ValueYoY % ChangeTotal Wells140,7050.26%Total Producing Wells27,642-2.78%Percentage of Wells Producing20%-3%Active Producers294-6%3 more rows
Oil & Gas FAQ Drilling and production on Wyoming State Lands and on private lands are regulated by the WOGCC. Drilling on federal land is regulated primarily by the U.S. Bureau of Land Management or the U.S. Forest Service.
Here is a little primer on oil and gas leasing in the Rocky Mountains. The royalty rate on federal minerals is 12.5%, long overdue to be increased. The royalty rate on State of Wyoming leased minerals is usually 16.66%, and has been since the 1980s.
In 1884 the first oil well was drilled southeast of present day Lander. The deepest well drilled in Wyoming to date is a 25,830-foot true vertical depth (TVD) producing gas well in the Madden Field near Lost Cabin in Fremont County.
Wyoming was the eighth-largest crude oil-producing state in the nation in 2022, accounting for 2% of U.S. total crude oil output. The state was the 10th-largest natural gas producer, and accounted for about 3% of U.S. marketed gas production.
