Wyoming Drilling Down?
Laramie, WY – A drop in drilling permits in January could be a harbinger of a slowdown in oil and gas drilling in Wyoming.
The Wyoming Oil and Gas Conservation Commission reports that it issued 446 drilling permits last month. That is down 200 for the same month last year.
The interim supervisor of the commission says this data indicates that the rate of companies seeking drilling permits is slowing. Whether that is a trend, he can't say right now.
Drilling has dropped off markedly in other states, but Wyoming usually sees a drop-off over winter because of seasonal wildlife protections that are in effect.
The Petroleum Association of Wyoming says this year may be different because companies won't be undertaking a summer drilling blitz like last year.