Colorado regulators say the subset of wells tested were known to be troubled, and many have already been plugged and abandoned
COGCC
Posted inBusiness
Colorado oil and gas companies offer $459 million to guarantee their wells are plugged eventually
The plans seek to meet new state financial requirements, but some smaller operators are hoping to put up only a fraction of the needed funds.
Posted inBusiness
Troubled K.P. Kauffman violated state order to stop selling its oil and gas
KPK says it must sell oil and gas or its 1,200 wells may end up orphaned. Regulators say they don’t appreciate the threats.
Posted inBusiness
Troubled oil and gas company K.P. Kauffman threatened with loss of right to do business in Colorado
State’s regulators reinstated a large fine set aside when KPK promised to clean up leaks and spills because just a tiny fraction of the work is done
Posted inBusiness
Working group will begin exploring rules for controlling the cumulative impacts of oil and gas drilling in Colorado
Regulators reacted to the appeal of 6 environmental groups that say data for individual drilling projects isn’t helping solve Colorado’s regional pollution problems
Posted inBusiness
Colorado requires drillers assess “cumulative impacts”of oil and gas wells. Does it make a difference?
6 environmental groups want regulators to toughen rules to consider regional and climate impacts of increased drilling activity in Colorado.
Posted inBusiness
A quarter of Colorado’s 981 orphan wells went dormant when one natural gas gathering system was shut down
Adams County was especially hard when Third Creek pipelines were dismantled because of safety concerns. Small operators walked away from 225 wells.
Posted inClimate, Energy, News
Oil and gas and cryptocurrency miners are Colorado’s new odd couple. And they’re making quite a bit of coin.
JACKSON COUNTY — Tan pump jacks, 140-year-old oil field technology, bob up and down amid the purple sage in this rural corner of Colorado, lifting oil from deep below and also fueling a very 21st century frenzy: cryptocurrency mining. The pump jack wells are tied to natural gas generators powering trailers filled with bitcoin mining […]
Posted inClimate, Energy, News, Politics and Government
First comprehensive oil and gas drilling plan under Colorado’s new regulations gets go-ahead
Colorado’s first comprehensive oil and gas development plan — a new mechanism aimed at better assessing and managing the cumulative impacts of drilling — was approved by state regulators Wednesday, paving the way for more than 200 new wells in Weld County. Kerr-McGee, a subsidiary of Occidental Petroleum Corp., got a greenlight from Colorado Oil […]
Posted inBusiness, Climate, Energy, Environment, News, Politics and Government
Colorado oil and gas companies said a 2019 state law would destroy them. That didn’t happen. But here’s what did.
The demise of the oil and gas industry in Colorado — predicted after the passage of legislation and regulations focused on protecting public health, safety and the environment — does not appear to be imminent. Plans for nearly 1,900 new oil and gas wells are before the Colorado Oil and Gas Conservation Commission in 2022 […]