CASPER, Wyo. (AP) — The U.S. Energy Information Agency reports that oil production in the Powder River Basin has more than doubled over the past five years.
Oil output in the basin grew from 38,000 barrels per day in 2009 to 78,000 barrels per day during the first quarter of this year.
State Oil and Gas Supervisor Mark Watson tells the Casper Star-Tribune (https://bit.ly/1pi8wU5) that the increased production is huge for Wyoming because it reverses a decline that had been going on for 40 years.
The increased oil production largely came from older oil fields in Campbell and Converse counties where production had declined over the years.
But the recent advancements in drilling and technology, chief among them fracking, have reversed the production declines those formations had been experiencing for years.
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Information from: Casper (Wyo.) Star-Tribune, https://www.trib.com
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