Wyoming Looks for Royalty Share
Wyoming is looking to get its fair share of royalty payments on natural gas that is burned off oil wells on state land. A public meeting in Casper on Monday will bring together staff of the Wyoming Oil and Gas Conservation Commission and the Office of State Lands and Investments to talk about the practice of flaring gas from oil wells.
Flaring occurs after an oil well is completed and before a pipeline can be built to send natural gas from the well to market. Increased oil development in eastern Wyoming has heightened attention to flaring. One company recently got approved to flare up to 850,000 cubic feet of gas a day for six months from a well in Converse County. State royalties on the gas could have topped $100,000.