Posted inBusiness, COVID, Energy, Environment, News

Colorado’s oil and gas producers are slashing budgets, closing wells as demand and cash flow dwindles

Oil and gas drilling in Colorado hit a historic low in May with only six drill rigs operating and an average for the month of seven drilling platforms – the fewest in the 28 years that oil field services company Baker Hughes has kept monthly records by state. In the Denver-Julesburg/Niobrara Basin, which extends along […]

Posted inBusiness, COVID, Energy, Environment, News, Politics and Government

Environmentalists worry Colorado will see a surge of abandoned oil and gas wells as industry tanks

As the oil market craters and the economy is throttled by the novel coronavirus pandemic, environmental and grassroots groups are worrying about a potential surge in abandoned oil and gas wells, but state regulators maintain that the risk appears to be limited. The Colorado Oil and Gas Conservation Commission held a meeting Monday to review […]

Posted inNews, Politics and Government

The 2020 battle to control Colorado’s state Senate is shaping up to be a big money election

The battle for control of the Colorado Senate in the 2020 election is drawing big money ahead of the November election, and the same is true with a handful of ballot measures.  The latest campaign finance reports show Republicans hold a slight edge against Democrats in terms of super PAC fundraising through the end of […]

Posted inEnergy, Environment, News, Politics and Government

Colorado oil and gas overhaul tips power toward local government. How that power is used will vary widely.

Before the city of Thornton adopted a new oil and gas ordinance, it got a letter from the state warning that it was overstepping its bounds. After the ordinance passed, the city was sued by the oil and gas industry. When Longmont adopted an ordinance that blocked oil and gas development in residential areas, it […]

Posted inBusiness, Energy, Environment, Politics and Government

The oil and gas industry is again spending big to stop more regulation in Colorado. This time, it’s not working.

The oil and gas industry is spending big money as it scrambles to halt a fast-moving bill aimed at giving state and local governments more power to regulate drilling. The campaign to influence lawmakers includes a misleading TV commercial designed to generate public opposition to the bill and the hiring of new high-powered lobbyists at […]

Posted inBusiness, Energy, Politics and Government

How would new regulations impact the oil and gas industry in Colorado? Here’s what we know.

The greatest point of contention in the debate about a monumental rewrite of Colorado’s oil and gas regulations is how it will impact the industry and the state. The predictions from critics are dire. A misleading new industry-funded TV commercial warns that the legislation would “shut down energy production in Colorado.” The industry claims it […]

Posted inEnergy, News, Politics and Government

Colorado regulators OK forced pooling for controversial Broomfield drill site that prompted lawsuit

By Dan Elliott, The Associated Press A fiercely contested oil and gas project in a residential neighborhood outside Denver cleared a major hurdle Tuesday when state regulators approved a request by an energy company to drill for reserves that belong to dozens of people, including some who don’t want to participate. The Colorado Oil and […]

Posted inBusiness, Energy, Environment, News, Politics and Government

The top 10 corporate donors in Colorado’s 2018 election — and what they want

Seven of the top 10 organizations spending the most money in the 2018 election represent the oil and gas industry, a Colorado Sun analysis shows. The energy companies and allies are focused on two ballot initiatives and have so far spent $29 million on the effort to defeat Proposition 112, which calls for greater setbacks […]

Posted inBusiness, Energy, Environment, News, Politics and Government

Boulder County fights with finesse — and an all-out assault — to stop drilling on public open space

It doesn’t look like much of a battlefield — cottonwood groves, a small reservoir and farm fields with traffic zipping through on Colorado 52 — but this 10-square-mile patch of ground is being fiercely fought over by Boulder County and oil and gas drillers. Both the county and Denver-based Crestone Peak Resources lay claim to […]