Rocky Mountain Energy Essentials

News, Insight, and Analysis

Rocky Mountain Energy Essentials will have a general focus on energy industry issues in the Rocky Mountain region, including oil and gas, coal, trona and potentially other hard rock minerals.

Latest from Rocky Mountain Energy Essentials

This month, the Wyoming State Geological Survey issued the Oil and Natural Gas Resources in Wyoming January 2020 Summary Report.  A free copy may be downloaded here.  The report assesses where the Cowboy State is, and forecasts where it is headed, when it comes to one of the state’s most valuable resources – oil and natural gas.  In short, the outlook for the Cowboy State is positive and the oil and gas sector appears…
The U.S. Energy Information Administration (“EIA”) released its latest Short-Term Energy Outlook (“STEO”) on January 14, 2020, which can be found here.  This STEO is the first to include energy forecasts into 2021.  Among the interesting forecasts contained in the STEO is the prediction surrounding the rise in renewable energy for 2020 and into 2021.  Specifically, the forecasts surrounding the increases in wind generation caught my eye. Wind and solar generation expected to grow…
Returning to work after the holiday season may have left many of you wondering if you missed anything important while you were in a cookie-induced holiday slumber.  Here is a short summary of some key items that happened in the energy sector in the Rocky Mountain region around the holidays to keep you in the loop: Wyoming Amended APD Rules Effective December 20, 2019, the Application for Permit to Drill (“APD”) rules have been amended…
Many of us have the end of the year and the end of the decade on our minds: wrapping up projects, working to close deals and matters, and striving to end the year on as high of a note as we possibly can.  It is hard to believe but there are only 15 days left in 2019. With the end of the year at the forefront, it puts many things into perspective.  The U.S. Energy…
Produced water in the oil and gas sector can be a very costly and complex matter, and largely dependent on location due to the variables in the reservoir, the age of the well, the drilling technologies employed, etc.    Produced water is an area where many lawyers have been spending a lot of time in recent years.  We draft agreements for the injection of produced water, the transportation of it via truck and pipeline, and we…
Many changes are on the horizon, as the Colorado Oil & Gas Conservation Commission’s (“COGCC”) rules are under construction.  On November 1st, the COGCC released its Mission Change Whitepaper (“Whitepaper”).  For the full text of the Whitepaper, click here.  The Whitepaper provides a broad overview of certain rule changes contemplated by the passage of Senate Bill 19-181, which among other things changed the mission of the COGCC from “fostering the responsible, balanced development” of…
Whether we have a strong winter impacts many things.  From our road conditions driving to work, the extent of demand for home heating fuels, how our livestock will fair, and our ski season (including vital tourist revenue that results from ski season), predicting the degree of the intensity of the winter season can be important. But this year it looks like it could be anyone’s guess…some degree of certainty would be nice, as it can…
Last month, we discussed the increase in oil and gas bankruptcy filings since May of 2019 – the full blog post can be found here.  Haynes and Boone, LLP released a new Oil Patch Bankruptcy Monitor as of September 30, 2019, which can be found here, showing that even more have been added to the list. Since our last post on the subject, which reflected the August 2019 data, seven more companies have…
It is time for a check-up, or more appropriately, a check-in, on the Wyoming energy sector.  I have spent quite a bit of time in Wyoming recently, and one troubling comment that I heard in a gas station has resonated with me – “Wyoming is still in a recession.”  It got me thinking…is this true?  It is time to take the pulse of Wyoming’s Energy Sector… Last week, I attended the Wyoming Oil and Gas…
Headlines lately are shedding light on a frightening trend – oil and gas bankruptcies are on the rise: The Wall Street Journal – Oil and Gas Bankruptcies Grow as Investors Lose Appetite for Shale:  Smaller Drillers, Which Account for Sizable Part of U.S. Oil Production, are Struggling to Pay Off Hefty Debt Burdens Oil & Gas 360 – Energy Bankruptcies Back on the Rise in 2019 OilPrice.com – What Caused the Recent Surge in Oil