Energy Rebound Program Information and Update
Update on the Energy Rebound Program since its announcement and finalization can be found here. Read the background on the program and its installation below.
Governor Gordon has announced the return of the Energy Rebound Program (ERP) to assist Wyoming's economic recovery and boost employment in the oil and gas sector.
The program will utilize up to $12 million in CARES Act funding to provide business relief targeted towards drilled, but uncompleted oil and gas wells (DUCs), wells that were unable to be re-completed, and plugging and abandonment (P&A) projects which could not be finished due to the impacts of the COVID-19 pandemic.
Operators may apply to be reimbursed for work done on completions, recompletions, workovers or plugging and abandonments between the date of their project approval and December 31, 2021, up to $500,000 per project.
Download the APPLICATION here (part I) | Download the ERP PROJECT LIST here (part II)
Please note that the application is two parts, the fillable pdf and the xls (Excel) spreadsheet. Both parts must be downloaded, completed, and submitted. See Application Process section below for instructions.
Applications will be accepted beginning at 10:00 am on Tuesday, June 15 and ending at 10:00 am Friday June 25.
Please be advised that applications submitted outside this timeframe will not be accepted.
If you have submitted an application, please be attentive to email, phone calls, and voicemail, as reviewers may contact you as needed.
About the Program
To be eligible for the Energy Rebound Program, a company must:
Have been established on or before any applicable COVID-19 health orders; and
Had at least one full time employee (working more than 30 hours per week) as of March 13, 2020.
As a result of COVID-19, have been unable to do at least one of the following:
Complete a drilled well the company owns or operates; and/or
Perform a recompletion or workover of a well the company owns or operates; and/or
Perform the plugging and abandonment of a well the company owns or operates.
To be eligible for the Energy Rebound Program, a project must fit into of the following categories:
The completion of a drilled well in the Wyoming, that was not performed because of the effects of the COVID-19 public health emergency; or
The re-completion or workover of a well in Wyoming that was not performed because of the effects of the COVID-19 public health emergency; or
The plugging and abandoning of an idle well, including surface reclamation, in Wyoming that was not performed because of the effects of the COVID-19 public health emergency.
For each project, awards will be equal to the less of:
The estimated total cost of the proposed project; or
The estimated total amount that can be expended toward the completion of the project by December 31, 2021; or
There are two parts to the application, make sure to download and submit Parts 1 and 2 of the application. To submit an application, please download both parts (pdf and xls) of the application from this page. Complete and sign the application, then submit both parts of the application (pdf and xls files) via email to firstname.lastname@example.org after 10:00 am on Tuesday June 15, and before 10 am on Friday, June 25. Businesses must submit only one application that includes all the projects for which they apply. All of the projects should be listed on the xls spreadsheet.
Applications will be reviewed for completeness, accuracy, eligibility, and economic impact by state agency staff. Award decisions will be made on a project by project basis (as opposed to an application by application basis) after the closing date. You will be notified about the decision on your projects at that time.
Please be attentive to email, phone calls, and voicemail during the application and review period, as staff may contact you as needed.
Please also be aware that upon signature of the application, you agree to the terms listed in the application. However, submitting an application does not guarantee that you will receive funds. Additionally, neither submitting an application nor receiving an ERP award exempts you from any rules, regulations, or permitting that is required for the project.
Priority will be given to projects that provide the greatest immediate economic and employment benefit to Wyoming. Factors to be considered include, but are not limited to, number of Wyoming workers, number of total workers, estimated time of start and completion of the project; completeness of the application; estimated amount of increased production of oil and gas; and ability to complete projects in a timely manner. Should the reviewing team determine projects are equal in economic benefits, the date of application will be used as a tie-breaker.
Reimbursements for Project Costs
If you are awarded an Energy Rebound Program stipend, you may invoice the Wyoming Oil and Gas Conservation Commission for any work that is done after the date of award approval and before December 31, 2021 on the project(s) for which the stipend is awarded, up to the total award amount. The entirety of the project does not have to be completed before December 31, just the work that is being invoiced. Invoices will be accepted through January 30, 2022. Invoices for eligible expenses will be paid before March 30, 2022.
Post Program Report
If you are awarded an Energy Rebound Program stipend, you will be required to submit a post program report. This report will include information on total cost of each project, start and completion date of each project, number of Wyoming workers and number of total workers employed to perform the project, estimated additional production of oil and gas expected to result from the project over the first 365 days post project completion, and any other information determined necessary by the Wyoming Oil and Gas Conversation Commission.
For more details, check out Program Rules.
Have Questions? Check out our FAQ.
For questions not answered by the FAQ, please email email@example.com, or call Tom Kropatsch or Joe Scott at 307-234-7147.