Tagged: Royalties

News
5:14 pm
Fri March 29, 2013

Oil and gas operators flaring more gas, paying no taxes or royalties

Credit Willow Belden

Oil development in the state is bringing up natural gas along with the oil, but some of the gas is getting burned off in flares and the state is missing out on taxes and royalty payments. The reason the gas is getting flared is that there are not enough pipelines in place to connect new wells to markets.

The President of the Wyoming Petroleum Association, Bruce Hinchey, says it doesn’t always make sense to build new pipelines for the relatively small quantities of gas coming up.

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News
5:20 pm
Mon February 11, 2013

DOI to investigate coal sales to overseas markets