Wells drilled in the Niobrara shale in southeastern Wyoming aren’t producing nearly as much oil as some had expected. But Anadarko Petroleum, one of the big oil companies exploring the shale, expressed nothing but optimism at a Business Expo in Cheyenne Tuesday.
Wells drilled in the Wyoming part of the Niobrara Shale are producing less than half the amount of oil that wells in Colorado are producing. That’s according to Wyoming Oil and Gas Supervisor Tom Doll, who discussed the matter with lawmakers late last week. However, Bruce Hinchey of the Petroleum Association of Wyoming isn’t discouraged. He said the eastern Wyoming drilling site has a lot of potential –they just have to figure out exactly how to tap into it. “It’s not a play where you just go out and punch a hole and you’ve got a big oil well.