Wyoming

Wyoming has a long and proud history in the natural gas and oil industry. Since the first well was drilled in 1884, outside of present-day Lander, many hundreds of wells have helped stimulate economic activity and create jobs in Wyoming and across the U.S.

In Wyoming, the ConocoPhillips Wind River Basin operations area consists of the Madden Field, which covers approximately 80,000 acres, and the Lost Cabin Gas Plant in Fremont and Natrona counties, Wyoming. The company has natural gas operations from multiple horizons ranging in depth from 5,000 feet to more than 25,000 feet, where the deep Madison Formation is found. The company also has production operated by others in the Green River Basin of Wyoming. In 2018, net production averaged 11 MBOED. The Uinta Basin comprises approximately 27,000 net acres in Carbon and Emery counties, Utah. The company’s net production in the basin averaged 2 MBOED in 2018.

Economic Benefits of Development

Almost all – 22 of 23 – counties in Wyoming produced natural gas and/or oil in 2015. Wyoming ranked 8th in production of crude oil and 5th in natural gas production in 2015, contributing about $2.1 billion to state coffers.i

The Wyoming natural gas and oil industry directly employs more than 5,600 residents of Wyoming, and an estimated 24,200 in related fields. The industry paid about $1.5 billion in business and production taxes in 2016 – so it’s safe to say that the natural gas and oil industry has a significant impact in Wyoming.ii

Investing in Communities

Everywhere we operate, helping improve the quality of life in the communities where we live and work is a fundamental value. We do that by funding worthy causes, by lending a helping hand where it’s needed most, and by working diligently to build inclusive, authentic and respectful relationships with our stakeholders.

We contribute to the well-being of these communities through charitable giving, volunteerism and civic leadership. Where local communities have been hard hit by falling oil and gas prices, active engagement continues to be a priority.

The Wind River Job Corps Center in Riverton, Wyoming, helps 16- to 24-year-olds acquire the education and skills needed to work in energy production jobs. We played a central role in shaping the center for jobs in oil and gas production by helping develop the technical curriculum and acquiring the needed field equipment.

The center, which is the first residential training center in the nation, consists of classroom and administration buildings as well as a 25,000-square-foot field containing actual (but non-operable) equipment used in the day-to-day operations of oil and gas production. The natural gas production train will include a wellhead, a production unit, compressor, a dehydrator, controls and a flare stack while the oil production train will have a well, a pumping unit and a heater/treater. Two separate tanks for oil and water are also located in the field.

Learning activities in the field enable students to become familiar with industry practices and understand how to operate the units. Other technical components of the industry are taught in classroom settings, and shops at the center are equipped with industry tools.

The Wind River Job Corps Center serves about 500 students annually. Aside from oil and gas production, the center also offers training programs in construction, carpentry, heavy equipment operations, diesel mechanics, office administration, accounting, welding and facilities maintenance.

We are proud to be an active and valued member of the communities in which we operate, building strong relationships with people and communities.


i. http://www.pawyo.org/images/2016_PAW_Facts_and_Figures_Brochure.pdf
ii. https://westernenergyalliance.guerrillaeconomics.net/