Update on the Niobrara -- A Story Yet to Be Told

Link here (regional links break early and break often).

I have blogged before that one of the reasons the Bakken boom is a boom is because the oil industry had done much of the preliminary work since oil was first discovered in 1951. I won't go into all that now.

Here's the nut on the Niobrara, in Wyoming-Colorado:

The [Wyoming] state oil and gas commission has offered approximately 240 drilling permits in Laramie County since the beginning of 2010, but companies have only drilled about 25 to 27 wells.

“We’re really not seeing very many wells being drilled,” Doll said. “Laramie County is leading the pack here, but again, 25 wells do not make a boom.”

Twenty-five wells since 2010! "We" are drilling 167 wells/month in North Dakota.