powder river basin

Chesapeake, like other energy companies, has been hammered by low energy prices.

The Decker mine produced over 1 million tons of coal and employed 164 workers in the first quarter of 2020.

According to the complaint, Peabody and Arch Coal produced more than two-thirds of the coal mined in the Southern Powder River Basin.

Two former Blackjewel mines, Eagle Butte and Belle Ayr, returned to production in the fourth quarter after their purchase by another company.

U.S. coal consumption experienced a similar decline, decreasing 13.4% from the same period in 2018.

Cloud Peak filed for Chapter 11 bankruptcy May 10.

Cloud Peak filed for bankruptcy itself in May but its Wyoming mines and its Spring Creek mine in Montana have remained open.

In its list of the 30 largest unsecured claims, Blackjewel says it owes over $60 million in royalties to the U.S. Department of the Interior.

The companies were set to hold a conference call to discuss details Wednesday morning.

Researchers plan to collect 3D seismic data later this year.