Tax breaks spark development in Alaska; BP spends $1 billion

摘要

First-quarter enthusiasm surrounding the stacked-pay potential of the Powder River Basin, historically a coal- and coalbed methane-producing reservoir, is entirely justified, according to a recent report by Wells Fargo Securities. The report, "E&P: Powder Keg in the Rockies Redux," revisits a March 2012 Wells Fargo report on the basin.