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Resumption of Federal Oil and Gas Lease Sales

Governor Gordon issued a statement following the Biden Administration’s announcement that lease sales for oil and gas drilling on federal land will resume.

"The announcement of an upcoming federal oil and gas lease sale is welcome news, but long overdue. While we don’t know the exact number and location of the Wyoming parcels, after 15 months without a lease sale in our state, to learn that royalty rates will be increased and available acreage significantly reduced is hardly cause for unbridled celebration. I am concerned that these changes will have a chilling effect on Wyoming companies as they prepare their bids."

Carbon Storage Newsletter

The Department of Energy (DOE), the Office of Fossil Energy (FE) and the National Energy Technology Laboratory (NETL) release March’s 2022 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.

Carbon Storage and Sequestration

Governor Mark Gordon signed into law SF0047 SEA0053, an act relating to geologic sequestration of carbon dioxide. 

Carbon storage and sequestration-liability allows the State to assume ownership of and liability for CO2 injected into geologic formations.  Senate File 47 addresses investors’ concerns and releases the operator’s liability after a 10-year monitoring period following injection operations for CO2 reservoirs and related infrastructure.  The operator must ensure the reservoir is stable and injection wells are sealed and maintained to prevent leaks.  Once the environmental and remediation standards have been met, Wyoming’s Department of Environmental Quality (DEQ) will issue a certificate of completion making the CO2 reservoir the state’s property and liability.

Gordon Calls for Actions Supporting Homegrown Energy

Governor Mark Gordon today called on President Biden to take additional steps to support American energy independence in the wake of the President’s Executive Order banning the import of Russian oil, liquefied natural gas, and coal to the United States.

Read Governor Gordon’s statement here.

EORI seeks new director

The Enhanced Oil Recovery Institute invites diverse applicants to consider applying for the position of Director.

Director, EORI-Enhanced Oil Recovery Institute job description can be found here:

Governor Gordon Calls for All-of-the-Above Energy Strategy

Governor Gordon addresses the 66th Legislature and calls for innovation in energy

“Wyoming has it all: the best wind, solar, gas, coal, nuclear and the ability to store 50 years’ worth of our nation's total carbon emissions,” the Governor said. “Innovation, not regulation, is our way forward to give our nation the energy it requires and simultaneously solve the world's climate concerns.”

Carbon Storage Newsletter

The Department of Energy (DOE), the Office of Fossil Energy (FE) and the National Energy Technology Laboratory (NETL) release January 2022 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.

Global oil prices and demand have increased

Global oil prices and demand have increased in the previous months.

University of Wyoming’s energy expert, Rob Godby, states “We have seen a rebound in oil production in the state that’s not to where it was pre-pandemic but definitely on that course again. With prices as they’ve been over the last six months, much higher than most people expected, those revenues have really made up for losses elsewhere.”