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Wyoming’s Experts in Oil and Gas Exploration

The Enhanced Oil Recovery Institute serves Wyoming by working with oil & gas operators to improve exploration and extraction of hydrocarbons in the state, thereby securing employment and increasing the state’s revenue.

By providing vital assistance in the form of relevant technology, key information, technical expertise and knowledge, the EORI has proven to be an important asset. Take a look at how EORI serves Wyoming’s energy industry and adds value to the state.

Report on Mowry Shale Thermal Maturity Mapping

The Enhanced Oil Recovery Institute has completed a map of thermal maturity of the Mowry Shale in the Powder River Basin. 

Thermal maturity, the degree to which the total organic carbon in a formation has been transformed from kerogen to producible hydrocarbons due to heat and pressure, is an important measure for not just the quality of a source rock, but also helps for delineating areas more favorable for unconventional drilling. EORI’s report of thermal maturity of the Mowry Shale in the Powder River Basin provides a detailed map based on a large public Tmax data set.

Carbon Storage Newsletter

The Department of Energy (DOE), the Office of Fossil Energy (FE) and the National Energy Technology Laboratory (NETL) release July’s 2021 Carbon Storage Newsletter (CSN) and summarizes public and private sector carbon storage news from around the world.

The Carbon Storage Newsletter provides information on recent activities and publications related to carbon storage. It covers domestic, international, public sector and private sector news in areas such as: DOE/NETL Highlights, announcements, project and business developments, legislation and policy, emissions trading, science and publications.

Bipartisan Infrastructure Plan

Programs included in the Infrastructure Investment and Jobs Act package would support the development of CCUS technologies in Wyoming that are one of the keys to revitalizing the state’s economy.

According to the bill, the package would allocate billions toward carbon capture, utilization, and storage efforts through 2026.  The influx of federal spending could boost Wyoming’s existing CCUS efforts, including the University of Wyoming’s CarbonSAFE sequestration project and other initiatives throughout the state.

Wyoming is CCUS Ready

The Enhanced Oil Recovery Institute (EORI) has published the Wyoming is CCUS Ready! StoryMap highlighting Wyoming’s leadership in carbon capture, utilization and storage (CCUS) in order to meet mid-century net-negative CO2 emissions.

The StoryMap highlights Wyoming’s preparedness for CCUS through infrastructure, geology and tax incentives. Wyoming is CCUS Ready! identifies financial and environmental benefits to Wyoming and the nation by utilizing CCUS technology. 

US Energy Job Numbers Slumped in 2020

The U.S. Energy and Employment Jobs report (USEER) came out Tuesday, showing an overall decline in energy jobs around the nation. The USEER covers five major energy sectors: Electric Power Generation, Transmission, Distribution, and Storage, Fuels, Energy Efficiency, and Motor Vehicles.

According to the report, the energy sector had been one of the country’s fastest growing job markets prior to the COVID-19 pandemic.  From 2015 to 2019, the annual growth rate for energy employment in the United States was 3%—double compared to 1.5% in the general economy.

Oil and Gas Core of Wyoming Economy

A report released by the American Petroleum Institute (API)  and the Petroleum Association of Wyoming (PAW) found that before mass layoffs of 2020, one-sixth of Wyoming’s jobs and more than a quarter of its GDP came from the oil and gas industry.

API reports that in 2019, the industry directly supported 28,270 jobs — 6.8% of the state’s total employment. It generated 18% of Wyoming’s GDP and 17.3% of its labor income, including wages, salaries, benefits and proprietors' income.  Oil and gas supported another 9.8% of jobs, 8.3% of GDP and 8.3% of labor income in the state from indirect and induced impacts which come from the spending of industry – related earnings.

Republican Governors in Fight Against Anti-Fossil Fuel Policies

On July 19, 2021, 10 Republican governors, led by Wyoming Governor Mark Gordon, issued a joint statement in opposition to President Biden’s efforts to interfere in the market and forcing financial institutions to restrict capital access for fossil fuel projects in response to recent actions taken by the Biden Administration

The Governors’ joint statement is below:

“As the American economy recovers and Americans take to the roadways this summer, the nation’s average gas price is the highest in seven years at more than $3 a gallon. Since taking office, President Biden has used executive action to interfere in the market and force banks to bend their will to the left’s energy policies, including efforts to gut the oil, gas, and coal industries. These policies have punished consumers still recovering from the pandemic. Instead of fostering innovation, this misguided approach to repressing enterprise is crippling our future and slowing progress towards genuine climate solutions.