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.
Occidental Petroleum
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, 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 […]
Posted inBusiness, Energy, News, Politics and Government
Kerr-McGee’s plan to drill oil and gas wells within 2,000 feet of homes in Firestone is rejected by regulators
A bid by the state’s largest oil and gas producer to drill 26 wells within 2,000 feet of 62 homes in Firestone was rejected Thursday by Colorado regulators. It was the first major test of the state’s requirement that oil and gas drilling be set back at least 2,000 feet from homes and schools. Both […]
Posted inBusiness, Energy, Environment, Health, News, Politics and Government
Colorado’s largest oil and gas producer wants permission to drill closer than 2,000 feet from homes
The buffer between homes and oil and gas drilling in Colorado is by rule 2,000 feet, except when it isn’t, and a move to drill in the middle of a residential area in Firestone is raising questions about how secure that buffer will be. The state’s biggest operator, Occidental Petroleum, through its Colorado subsidiary Kerr-McGee, […]
Posted inNews
Colorado oil and gas wells are constantly changing hands. Some risk becoming costly “orphans” along the way.
PARACHUTE – When it comes to oil and gas companies, Bob Arrington has seen them come and seen them go. Arrington has, in succession, wrangled with three different drillers all showing up at his Battlement Mesa doorstep. First there was Antero Resources, which sold out to Ursa Resources, which then went bankrupt with its assets […]
Posted inBusiness, Energy, Environment, News, Politics and Government
Fine against KP Kauffman for leaks and spills upped to second largest ever by Colorado oil and gas regulators
After concluding that oil and gas operator KP Kauffman had engaged in “a pattern of violations” fines for the company were boosted to $2 million, the second largest penalty ever issued by the Colorado Oil and Gas Conservation Commission. In August, the commission levied a $1.8 million fine on the company, known as KPK, for […]
Posted inBusiness, Climate, Energy, Environment, News, Politics and Government
A new rule to slash oil and gas emissions appeals to the industry, but Colorado activists worry it won’t work
The Polis administration is banking on an untested, first-in-the-nation type of regulation to sharply cut oil and gas sector emissions to meet state greenhouse gas targets — drawing praise from the industry, but roiling environmental groups and some local officials. The draft “greenhouse gas intensity target” rule, to be submitted to the Air Quality Control […]
Posted inBusiness, Climate, Coloradans, Economy, Energy, Environment, News, Politics and Government
This Erie neighborhood is ground zero for Colorado’s collision of fracking and housing
Seattleites Sandra and Eric Duggan bought their house in Colliers Hill, a sprawling suburban development in Erie, sight unseen. Geoff Winterbourne purchased his Erie home while living in the San Francisco Bay area after a tour on FaceTime. “With the Colorado market the way it is, you only have three or four days to put […]