A state built on hydrocarbons.
Wyoming has been producing oil and gas since the 1880s. Today, energy is the largest contributor to the state's tax base, and four distinct basins account for nearly all activity: the Powder River Basin in the northeast, the Green River Basin in the southwest, the Overthrust Belt along the western border, and the Wind River Basin in the center of the state.
The most active by far is the Powder River Basin, where horizontal drilling across Converse and Campbell counties targets the Niobrara, Turner, Mowry, and Parkman formations. The PRB has been through several boom cycles and is currently in a period of steady, technology-driven development.
Mineral ownership in Wyoming is especially complex. Large swaths of the state have split estates, where surface and mineral rights were separated generations ago. If you inherited Wyoming minerals, there is a reasonable chance you own something you do not live on and have never seen. That is normal here, and we are used to it.