American Oil and Gas Reporter - July 2023 - 61

ConventionSec tion: Petroleum Association of Wyoming
may not receive bids during the sale from
companies with doubts about the areas'
oil and gas potential, other companies
willing to take a risk can submit the required
minimum bid, pay required rentals
and drill, he explains. Ultimately, as the
land's potential becomes clearer, companies
have enjoyed the option of acquiring
that acreage, Obermueller says.
Meanwhile, he says, the IRA's
methane tax is especially detrimental to
PAW's smaller members. About a third
of Wyoming's oil and gas output is produced
by around 400 companies that individually
account for less than 2% each,
Obermueller says.
Then there is the fact that large swaths
of Wyoming acreage are off limits because
they are tied up in litigation filed by environmental
groups. " What has been new
and frustrating in the past couple years is
that, in a great many of cases covering
millions of acres in Wyoming, the BLM
. . . has stopped issuing permits and approving
operational changes on the surface
or down hole, " Obermueller relates. " It
stopped because they are in litigation.
The courts have not enjoined the projects;
the BLM has chosen to enjoin them because
of the lawsuits. "
Coming Together
Despite the challenges, members will
gather at PAW's Rockies Petroleum Conference
to hear the latest on industry
trends, Obermueller says.
Conference attendance has been growing
and higher attendance is expected this
year at the gathering, set for Aug. 23-25
at the Marian H. Rochelle Gateway Center
at the University of Wyoming, he reports.
" The Energy Innovation Center has
all sorts of all sorts of interesting, practical
research for oil and gas operations, and
this time we are going to have a session
on artificial intelligence and its application
to oil and gas, and how it can help smallto-medium
companies access AI applications, "
Obermueller says.
Activities kick off Aug. 23, he notes,
with tours of the university's School of
Energy Resources, the High Bay Research
Facility and the College of Engineering
and Physical Sciences. A Wyoming oil
and gas workforce luncheon is planned,
followed by a golf tournament. The conference's
opening reception is scheduled
for 5:30 p.m.
According to Obermueller, featured
speakers for the opening general session
on Aug. 24 include PureWest Energy
Chief Executive Officer Chris Valdez
and Wyoming Superintendent of Public
Instruction Megan Degenfelder. A panel
is scheduled to conduct a session titled
the " University of Wyoming's School of
Energy Resources: Research for
Wyoming's Future. "
Lunch speakers include Devon Energy
CEO Rick Muncrief and Strive Asset
Management CEO and cofounder Anson
Frericks. Later, breakout sessions will
include consider AI and its applications
to oil and gas, Obermueller says.
Former Interior Secretary David Bernhardt,
author of You Report to Me: Accountability
for the Failing Administrative
State, will speak at the Chairman's Dinner
on Aug. 24, Obermueller adds. A Board
of Directors meeting is scheduled for
Aug. 25.
❒
Drilling for American
Energy Independence!
With a fleet of high-spec AC & SCR land rigs, Latshaw Drilling is positioned
to meet our customers' requirements now and for the foreseeable future.
These capabilities derive their strength from our seasoned work force who
are the backbone of our company. We take pride in our men and women
who work hard every day to bring America closer to energy independence!
Give us a call today!
Bill Cobb | EVP, Marketing/Sales | 405-933-2275
Joseph Hudson | VP, Business Development | 281-841-5241
Leroy Peterson | VP, Contracts | 432-889-8884
One of America's Leading Drilling Contractors!
www.latshawdrilling.com
© 2021 Latshaw Drilling
JULY 2023 61
http://www.latshawdrilling.com

American Oil and Gas Reporter - July 2023

Table of Contents for the Digital Edition of American Oil and Gas Reporter - July 2023

Contents
American Oil and Gas Reporter - July 2023 - Intro
American Oil and Gas Reporter - July 2023 - Cover1
American Oil and Gas Reporter - July 2023 - Cover2
American Oil and Gas Reporter - July 2023 - Contents
American Oil and Gas Reporter - July 2023 - 4
American Oil and Gas Reporter - July 2023 - 5
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American Oil and Gas Reporter - July 2023 - Cover3
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