it was surrounded by three large pickup trucks, all the same make, model, and color. Men moved quickly between the pickups and the well, splashing through the growing pool of water. Joe couldn’t see them clearly enough to make out their faces, or read the logos on the pickup doors, but he recognized what was going on. He had seen it dozens of times in the past year.
The trucks and rig were drilling for coal-bed methane in the basin. Judging by the rush of water to the surface and the urgency in the men’s movements, they had obviously found it once again.
Underground coal seams covered the concentrated natural gas like a blanket, which in the past had made it difficult to retrieve. Joe had read, however, that since the technology had been perfected to extract the gas 5,000 CBM wells had been drilled in the Powder River Basin. An additional 5,000 to 8,000 wells were planned. Gas was being found everywhere they looked, and locating the underground pockets was now a fairly easy thing for geologists to do. Methane that had once been vented and released into the air during oil exploration as waste was now funneled into pipelines bound for the Midwest, the West Coast, and beyond. The coal-bed methane boom was being called the largest new energy discovery in North America.
In less than two years, Northern Wyoming was unexpectedly awash in the two things that, prior to that, were rare: money and water. Although Joe only understood the details of the boom from what he read and the snippets of conversation he heard from developers and locals in town, the price of methane gas ranged from seventy-five cents to three dollars per million British thermal unit, or mmbtus, depending on demand. And from what the energy developers were claiming, the underground coal in Twelve Sleep County could hold trillions of mmbtus of methane gas.
The CBM boom had invigorated the economy, and the county population, for the first time in a decade, was increasing. And it was only the beginning.
Although local businesses were certainly benefiting from the CBM boom, the developers, energy companies, and people who owned the mineral rights to the areas where the gas was being developed stood to gain the most. Stories abounded of instant millionaires, as well as of landowners who, after selling off what they thought were worthless mineral rights to their lands years before, could now only stand by while millions of dollars in gas were being pumped from wells on their ranches. Marybeth had told Joe the story of the Overstreet sisters, who owned the Timberline Ranch north of Saddlestring. The ranch was for sale through Logue Country Realty, her favorite client, but there were no buyers. Six hundred CBM wells were planned. Walter Overstreet, the patriarch of the ranch, had sold the mineral rights years ago, before he died. Despite the wells, theOverstreet sisters could be found in line for free lunch every day at the Saddlestring Senior Center.
But the controversial byproduct of CBM development was water. Far underground, water was trapped beneath the coal. Once a drill bit tapped the pocket, water rushed to the surface with great pressure. As the pressure eased, methane followed. Eventually, the water cleared out of the mix, and pure methane was produced. Although water had always been considered the single most precious commodity in the state, the effect of huge releases of underground water on the surface due to CBM wells was still unknown. Some tracts of land that had been parched for generations were now covered with standing water. Various landowners and many environmental groups claimed that CBM wells were depleting the aquifers, transforming the landscape and polluting the rivers with bitter water. The developers and other landowners countered that at last there was finally some water available for stock and wildlife. The battle raged on, although developers were now required to receive approval from state and federal environmental regulators before