The state
of Wyoming is home to the prolific Powder River Basin, a source of much of
America’s coal, gas, and oil, and central to Innocent, Inc., development stage
oil and gas exploration and production company. The state has had a long and
interesting fossil fuel history, and remains an important player when it comes
to American energy. Phil Roberts, Associate Professor of History at the
University of Wyoming, shows how the state has been vital to this country’s
energy industry in his online History of Oil in Wyoming chapter
(http://dtg.fm/B4sS).
Among the
things he covers is how oil was being drilled in Wyoming as early as the
mid-1880s, back when oil was sold primarily as a lubricant and as a source of
kerosene for lighting. Significant oil strikes continued to be made in the
state, and production really took off when what had been considered a waste
by-product, gasoline, was suddenly in high demand as a fuel for the burgeoning
auto industry. And it wasn’t just cars. He points out how, in 1910, the U.S.S.
Cheyenne (originally the U.S.S. Wyoming) became the first ship in the American
fleet to be converted from coal to oil. As demand for oil grew, refineries
became prevalent in the state and, by the early 1920s, Wyoming had the largest
gasoline producing refinery in the world. He goes on to show how, today,
Wyoming’s Powder River Basin continues to take center stage, with
new-technology coal-bed methane causing an economic boom for parts of the
state.
Innocent,
Inc. is focused on parts of the Powder River Basin where the objective
oil-bearing formations are less than 2,500 feet below the surface, though other
prospective areas in Wyoming and South Dakota will also be studied. Prospects
are to be direct offsets to former production or to wells with very good oil
and gas shows, and will involve secondary recovery techniques along with new
methods of radial horizontal drilling.
For more
information, visit www.innocentinc.com
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