Denver-based PDC Energy’s share price sagged under concerns over increased regulation, but the company has received 1,000 drilling permits in the last 10 months
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.
6 environmental groups want regulators to toughen rules to consider regional and climate impacts of increased drilling activity in Colorado.
Adams County was especially hard when Third Creek pipelines were dismantled because of safety concerns. Small operators walked away from 225 wells.
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 […]
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 […]
Flaring, the practice of burning off gas from oil and gas wells, will be limited to a handful of state-approved circumstances under the most comprehensive rules in the nation, adopted Thursday by Colorado regulators. “We’ve done a good job for Colorado and the nation,” Jeff Robbins, the chairman of the Colorado Oil and Gas Conservation […]
Colorado regulators have spent more than a year overhauling the state’s oil and gas drilling rules, but on Tuesday they face revising what both industry and environmentalists see as the make-or-break rule: setbacks of oil and gas operations from homes and schools. “Setbacks will determine Gov. Jared Polis’ legacy on oil and gas and whether […]
Colorado regulators Wednesday adopted new rules to guard the integrity of oil and gas wells and protect groundwater resources — rules industry and environmental groups both called the most comprehensive in the country. The Colorado Oil and Gas Conservation Commission adopted the rules unanimously after a day-long hearing conducted on the Internet conference service Zoom, […]
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 […]