After more than five years in the making, several producers moved a major regulatory step closer to developing a potential 5,000-well oil and natural gas project on federal land in Wyoming, but current market realities present new risks. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “This proposed amendment would allow for sustainable development of the area’s oil and gas resources, while balancing the conservation of wildlife in the area and providing important economic benefits to the State of Wyoming,” said Casey Hammond, US principal deputy assistant secretary for land and minerals management, in a statement. Occidental Petroleum, Chesapeake Energy, Devon Energy, EOG Resources and Northwoods Energy collectively submitted the proposal to develop oil and gas wells on about 1.5 million acres in Converse County, Wyoming, located over the […]