Niobrara in Wyoming

This website is still about the oil industry in North Dakota but because many oil companies working in the Bakken are also in Wyoming and Montana, I have added this update about the Niobrara.

Niobrara in Wyoming.

Recent state and federal lease auctions attracted hundreds of bidders, and many paid jaw-dropping prices for parcels in the Niobrara play. One state parcel went for $3,200 per acre. A little more than a year ago, new oil drilling in the region wasn't even imaginable, and a mineral lease might have gone for $10 per acre.