Tag: Oil & Gas
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No sale on BLM mineral lease highlights industry complaints of regulatory overload
The Bureau of Land Management received zero bids on more than 20,000 acres offered in an oil and gas lease sale in early January in Jackson, Moffat and Garfield counties. The result highlighted how federal mineral leasing policies collide with state regulations industry leaders said suppress production. The auction drew no interest from the two…
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Colorado regulators target oil and gas emissions anew
A Colorado commission is mandating an additional 50% cuts in nitrogen-oxide emissions from oil and gas operations by 2030. The Denver basin has a serious problem with summer ozone, though more than half of that comes from wildfires, pine trees and factories from as away as Asia, according to studies by the state and universities.…
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Report claims outdoor recreation money can ease pain of moving away from oil and gas
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Oil and gas extraction in Colorado is both undesirable and fiscally unnecessary, environmental activists said on Tuesday, citing a report that claimed money from the outdoor recreation industry can ease the economic pain of transitioning away from fossil fuels. ”The outdoor recreation economy is significant in Colorado, and provides an alternative, though not full replacement,…
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Colorado Supreme Court considers the legal status of dormant oil and gas well leases
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The Colorado Supreme Court on Tuesday will hear oral arguments over whether a pipeline maintenance that lasted 122 days in Boulder County meant production actually “ceased” and, therefore, the oil and gas leases were terminated. Boulder County’s had appealed a district court’s ruling that rejected its claim of control over oil and gas well leases…
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Pollution-producing oil storage tank site shut down by state regulators
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save An oil storage tank installation in Larimer County was ordered shut down Thursday by state air pollution regulators after what it says are repeated failures to control leakage of noxious vapors from the site that residential neighbors say are both annoying and harmful to their…
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Oil & gas leasing practice eliminated by Hickenlooper bill
Facebook Twitter WhatsApp SMS Email Print Copy article link Save A federal-lands leasing practice critics say allows oil and gas companies to unfairly gain control of publicly owned mineral resources was eliminated by a bill sponsored by U.S. Sen. John Hickenlooper that was included in President Joe Biden’s Inflation Reduction Act that became law Tuesday.…
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Polis signs new law mandating disclosure of fracking chemicals
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Gov. Jared Polis Thursday signed legislation that requires manufacturers and users of hydraulic fracking chemicals to disclose to the state each chemical in their products. The new law mandates that the list of ingredients be made available on a publicly accessible website, which the Colorado…
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Colorado Oil and Gas Commission denies drilling permit in Weld County
The Colorado Oil and Gas Conservation Commission has denied an application to drill for oil and gas in Weld County because the proposed drill sites were too close to residences. In 2019, the state legislature adopted sweeping new rules for oil and gas development, including barring drilling within 2,000 feet of homes, schools, child care centers and…
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Denver-based oil and gas company to lay off 159
Denver-based Crestone Peak Resources plans to lay off 159 workers in Denver, Weld, Douglas and Arapahoe counties, according to documents filed with the Colorado Department of Labor and Employment. The department requires companies operating in Colorado to report large layoffs. In a “warn listing” filed last week, Crestone announced the 56 eliminated positions in Denver,…