Water is a limited resource in the arid Rocky Mountain region. Fortunately, this resource is a byproduct of our coal-bed natural gas operations. We have an abundance of water and we’re putting it to good use. We’ve been able to create value with this water in several ways such as constructing outfalls that allow Carbon Creek to recycle water in drilling operations, provide drinking water to livestock, and create reservoirs.
Carbon Creek creates jobs in the Powder River Basin by direct employment and by purchasing goods and services in the area. Carbon Creek is proudly committed to supporting the junior livestock auctions at the Campbell, Sheridan and Johnson County fairs. We strive to love our neighbors as ourselves. Carbon Creek supports the goals of the Council of Community Services in Gillette, Wyoming. This organization helps people get back on their feet by providing support in a number of ways, such as food, shelter and emergency loans. From family hunting traditions, to tourism, to the simple pleasure of observing nature – wildlife are a rich part of Wyomingite’s lives. By partnering with the Thunder Basin Grasslands Prairie Ecosystem Association, Carbon Creek supports local wildlife conservation, leadership development and land management efforts.
Carbon Creek is one of many mineral tax payers in Wyoming. Mineral taxes fund many programs throughout the state. The Wyoming Department of Revenue, Mineral Tax Division assesses, collects and distributes taxes received from mineral revenues in the state. Mineral taxes are collected in two forms: 1) severance taxes, which go to the state; and 2) ad valorem taxes, which go to the counties. Severance taxes for natural gas are set at 6% and ad valorem tax rates, or mill levy, is set annually. The state received $848 MM in 2013 through severance taxes. This includes all minerals. Ad valorem taxes totaled $1.5 B in 2013.
Natural gas emissions are roughly half that of coal emissions when compared on an energy equivalence basis.
Families who use natural gas appliances instead of electric appliances spend an average $693 less on cooking, running dryers, heating their homes and water heating.
Natural gas is an abundant, domestic resource that supplies nearly one quarter of the energy used in the US.
ZERO HYDRAULIC FRACTURING
Unique to Carbon Creek Energy, our natural gas is produced without the use of hydraulic fracture stimulation.