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360 Articles

Dear Weld County’s Hard Working Citizens: When Governor Polis said He wants All Families to have a Chance to Thrive, He Wasn’t Talking about You—Weld County Commissioners

Dear Weld County’s Hard Working Citizens: When Governor Polis said He wants All Families to have a Chance to Thrive, He Wasn’t Talking about You—Weld County Commissioners

Weld County economy depends heavily on oil and gas production The Board of Weld County Commissioners, representing the working people who live in the epicenter of Colorado’s most prolific oil-producing region, posted a message to their constituents in response to Governor Polis’s signing of Senate Bill 19-181 into law.  SB 19-181 is the law that makes vast changes the priorities[Read More…]

April 22, 2019 - 5:56 pm 360 Articles, Closing Bell Story, E&P, Politics, Regulatory
Another Day, Another U.S. FERC LNG Authorization

Another Day, Another U.S. FERC LNG Authorization

Neck and neck: On the heels of Tellurian, Sempra gets FERC greenlight for Port Arthur LNG export project By Bevo Beaven, Editor, Oil & Gas 360 The LNG race is on. Last week FERC gave a thumbs up to Tellurian’s (stock ticker: TELL, $TELL) Driftwood LNG export project, authorizing the developers to move forward with construction of the Louisiana location[Read More…]

April 22, 2019 - 3:38 pm 360 Articles, Closing Bell Story, LNG, Regulatory
New Era for Colorado Oil and Gas Permitting and Regulation Starts Now - Oil & Gas 360

New Era for Colorado Oil and Gas Permitting and Regulation Starts Now

Colorado Governor Jared Polis held a brief bill signing ceremony today at which he signed Senate Bill 19-181 into law. The act that overhauls much of Colorado’s energy regulation landscape became law today, effective immediately after being signed into law by Gov. Polis. The bill was enacted by the Colorado Legislature in recent weeks. It was signed by the president[Read More…]

Colorado Energy Overhaul Bill 181 Achieves Final Passage, Heads to Governor Polis

Colorado Energy Overhaul Bill 181 Achieves Final Passage, Heads to Governor Polis

Energy overhaul bill SB 181 with House amendments passes final vote in Senate after 22 minutes of discussion in its last legislative appearance in past 4 1/2 weeks Colorado’s controversial energy overhaul bill, Senate Bill 19 – 181, which was introduced March 1 and shot through six committees and two Committee of the Whole votes in the state’s two legislative[Read More…]

April 3, 2019 - 4:27 pm 360 Articles, Closing Bell Story, E&P, Politics, Regulatory
Final Vote Postponed for Colorado’s Energy Overhaul—Again

Final Vote Postponed for Colorado’s Energy Overhaul—Again

When Senate Bill 19-181, Colorado’s much publicized energy overhaul bill, came up for a third reading in the Colorado Senate Tuesday morning, a movement to lay the bill over for another day was quickly carried, postponing the final discussion and senate vote until April 3. It’s the second day the bill was laid over. This last vote is required for[Read More…]

April 2, 2019 - 1:20 pm 360 Articles, Closing Bell Story, Jobs, Politics, Regulatory
Colorado Energy Overhaul Bill Passes House, Heads Back to Senate for Final Vote

Colorado Energy Overhaul Bill Passes House, Heads Back to Senate for Final Vote

Sweeping changes to the COGCC mission and composition, mandate for new rulemakings, new permitting layers, and involvement of local governmental approvals will usher out ‘business as usual’ for Colorado’s oil and gas industry The bill that lays out the language that will overhaul Colorado’s oil and gas rules, Colorado’s Senate Bill 19-181, has now jumped over the next to last[Read More…]

New Era for Colorado Oil and Gas Permitting and Regulation Starts Now - Oil & Gas 360

Colorado Energy Overhaul Bill Speeds Through All Six Committees, Next Up – Second Reading and House Vote

Bill may finish its journey this week The 2019 Democrat-controlled Colorado legislature has toggled Senate Bill 19-181 through six committees in both houses at record speed. The bill, which seeks to give the siting and permitting decisions for new wells and other oil and gas operations to local governments, a function that has been reserved for the State of Colorado[Read More…]

Edge of the Wattenberg: Moratorium Expires but will Drilling Return to Boulder County?

CU Denver Business School Study Itemizes $ Billions in Paychecks, Funds for Colorado Schools and Services from Oil and Gas Drilling and Production

$13.5 billion in GDP, $1 billion of public revenue supporting schools, social assistance programs, parks and water infrastructure are in question A new study from the University of Colorado Denver Business School’s Graduate Energy Management program itemizes the significant economic impact from Colorado’s oil and gas upstream and midstream subsectors, calling oil and gas “a critically important spoke in the wheel[Read More…]

March 25, 2019 - 4:52 pm 360 Articles, Closing Bell Story, E&P, Politics, Regulatory
Colorado Wattenberg Field: Preparing a horizontal drilling rig - Oil & Gas 360

Colorado Oil: Adams County Commissioners Pass Temporary Moratorium on Oil & Gas Permit Applications

The Adams County Board of Commissioners held a special public hearing on March 20, 2019 at 2:00 p.m. Denver time. The objective was to gather public comment to determine whether to approve a temporary moratorium on local oil and gas permit applications in unincorporated areas of the county. RIch Frommer, President and CEO of Great Western Oil & Gas, testifies[Read More…]

March 21, 2019 - 5:00 pm 360 Articles, Closing Bell Story, E&P, Oil & Gas Jobs, Regulatory
COGCC Logo

Colorado Gov. Names ‘Local Control’ Attorney Robbins Director of COGCC

Colorado’s new governor, Jared Polis, has named attorney Jeff Robbins as the full-time director of the Colorado Oil & Gas Conservation Commission. Robbins had served as acting director of the commission since January 17. COGCC Director Jeff Robbins Robbins has served as counselor and advisor to Governor Jared Polis on oil and gas issues for the past five years. “Jeff’s[Read More…]

March 21, 2019 - 4:59 pm 360 Articles, Closing Bell Story, E&P, Politics, Regulatory
Colorado Energy Overhaul Bill Moves to Second House Committee

Colorado Energy Overhaul Bill Moves to Second House Committee

The Colorado Legislative Council sent out a Tweet just after midnight on March 19 announcing that the House Committee on Energy & Environment has referred Senate Bill 19-181, Protect Public Welfare Oil & Gas Operations, to the Committee on Finance. The motion passed in the committee on a vote of 7 For – 4 Against. Froelich Yes Geitner No Kipp[Read More…]

March 19, 2019 - 11:09 am 360 Articles, Closing Bell Story, Politics, Regulatory
Colorado Energy Overhaul: After Sprinting through the Senate in 5 Days, Energy Bill Leaps to the House

Colorado Energy Overhaul: After Sprinting through the Senate in 5 Days, Energy Bill Leaps to the House

Colorado House Energy & Environment Committee will hear SB 19-181 on Monday Revised Fiscal Note looks at oil and gas production and tax revenues Colorado Democrats own all three branches of government in 2019. It’s been a head-spinning week watching the controversial and highly contested energy overhaul bill zoom through the Colorado Senate. SB 19-181 was introduced on March 8[Read More…]

March 15, 2019 - 4:34 pm 360 Articles, Closing Bell Story, E&P, Politics, Popular 4, Regulatory
COGCC Acting Director Issues Well Location ‘Red Flag List’ to Permitting Staff

COGCC Acting Director Issues Well Location ‘Red Flag List’ to Permitting Staff

Drilling permit protocol memo flags 15 location criteria “subject to additional review by Director”   By Bevo Beaven, Editor, Oil & Gas 360 A significant increase in the number of drilling permit applications submitted last year in the lead-up to the Nov. 6 election, and with it the looming possibility that Proposition 112 might become law, resulted in 6,307 oil and[Read More…]

March 12, 2019 - 2:54 pm 360 Articles, Closing Bell Story, E&P, Politics, Regulatory
Colorado Energy Overhaul Bill Zooms to Senate Floor Tuesday March 12

Colorado Energy Overhaul Bill Zooms to Senate Floor Tuesday March 12

It’s ‘Not about Local Control, It’s about Total Control’: Weld County Commissioner Barb Kirkmeyer Intended to be a moratorium – bill’s sponsor says SB 19-181 rules apply to 4,500 Weld County drilling permits now pending approval: Kirkmeyer By Bevo Beaven, Editor, Oil & Gas 360 The Colorado Senate has now scheduled the second floor-reading for SB 19-181, the controversial bill[Read More…]

March 11, 2019 - 5:54 pm 360 Articles, Closing Bell Story, Law, Politics, Regulatory
Colorado Oil & Gas Overhaul Bill Passes Third Committee Hearing, Senate Floor is Next

Colorado Oil & Gas Overhaul Bill Passes Third Committee Hearing, Senate Floor is Next

With 6 Dems and 4 Republicans on Senate Appropriations Committee, advancement after Friday’s hearing was virtually assured  The Colorado General Assembly is wasting no time rocketing the contentious energy revamp bill through the State House. Senate Bill 19-181 was introduced on March 1, 2019—just a week ago—and It’s moving along partisan lines at record speed. By the end of business[Read More…]

Colorado’s New Energy Bill Gives Local Governments Full Power to Regulate Land Use, Siting of Oil and Gas Operations

Colorado’s New Energy Bill Gives Local Governments Full Power to Regulate Land Use, Siting of Oil and Gas Operations

Colorado bill requires that no drilling permits will be issued until COGCC has “promulgated every rule required to be adopted by oil and gas bills enacted in 2019, and those rules have become effective”  Pro and Con:  Dualing Rallies are Taking Place at the Colorado State Capitol – Tuesday March 5, 2019 “The language as it stands would portend a[Read More…]

March 5, 2019 - 6:13 am 360 Articles, Closing Bell Story, E&P, Politics, Popular 2, Regulatory
Image: Oil & Gas 360

DOE Plans to Draw Down Strategic Reserve, Sell Up To 6 MMBO

Yesterday the U.S. Department of Energy’s Office of Fossil Energy announced it would sell up to six million barrels of crude oil from the Strategic Petroleum Reserve (SPR) in a price-competitive bid sale. In FY 2019, the DOE is authorized to sell up to $300 million worth of crude oil from the SPR. DOE plans to draw down and sell[Read More…]

March 1, 2019 - 4:18 pm 360 Articles, Closing Bell Story, Crude Oil News, Regulatory
Big Win for Colorado Oil and Gas:  State Supreme Court Reverses Martinez Decision

Big Win for Colorado Oil and Gas:  State Supreme Court Reverses Martinez Decision

High court reverses appeals court on view of COGCC permitting priorities On Monday, the Colorado Supreme Court issued its decision on the high-profile case brought to the state judicial system by a group of youth petitioners who sought to stop oil companies from being given drilling permits unless the Colorado Oil & Gas Conservation Commission and the drilling applicants could[Read More…]

January 14, 2019 - 5:00 pm 360 Articles, Closing Bell Story, E&P, Law, Popular 3, Regulatory
Climate Group-Led Petition Demands New Colo. Governor Revamp COGCC’s Mission

Climate Group-Led Petition Demands New Colo. Governor Revamp COGCC’s Mission

Groups behind Colorado Prop. 112 want new governor and legislature to change oil and gas commission; soliciting public support for petition Anti-oil and gas industry factions have already sprung out of the gates in 2019 by asking Colorado’s newly elected state legislature and its new governor-elect to reboot the mission of the state’s oil and gas regulator. As it reads[Read More…]

January 2, 2019 - 5:49 pm 360 Articles, Closing Bell Story, Politics, Regulatory
California Snubs Natural Gas Buses, Issues Mandate for 100% Statewide Electric Transit Fleet by 2040

California Snubs Natural Gas Buses, Issues Mandate for 100% Statewide Electric Transit Fleet by 2040

No further purchases of diesel, gasoline or natural gas-fueled buses for public transit after 2028 The California Air Resources Board (CARB) has made a move that eliminates the use of natural gas-powered buses to lower emissions for the state’s public transit fleets. The clean, low emissions CNG buses that are being adopted by other transit systems in the U.S. will[Read More…]

Colorado Oil & Gas Commissioners Unanimously Pass New Setback Rule for Schools

Colorado Oil & Gas Commissioners Unanimously Pass New Setback Rule for Schools

Oil and gas industry, state’s school boards, Colorado mineral owners, conservation groups and the state oil and gas regulator forged a new rule requiring 1,000-foot school setback to now be measured from perimeter of sports fields and outdoor facilities The Colorado Oil & Gas Conservation Commission held a hearing on Tuesday, Dec. 18, to consider all final comments by parties[Read More…]

December 19, 2018 - 3:29 pm 360 Articles, Closing Bell Story, E&P, Regulatory
Setback Change is Winding its Way through the Colorado Oil & Gas Rulemaking Process

Setback Change is Winding its Way through the Colorado Oil & Gas Rulemaking Process

Final draft of proposed rulemaking: new setback specifically addresses schools It’s been a little more than a month since a citizen-led proposal called Proposition 112 would have imposed a blanket 2,500-foot setback on just about all new oil and gas development on private and state land throughout Colorado. If the measure had passed, new drilling permits would have come to[Read More…]

December 12, 2018 - 4:14 pm 360 Articles, Closing Bell Story, Regulatory
Drilling in Colorado Lives to See Another Day: Proposition 112 Fails - Photo: Oil & Gas 360

Drilling in Colorado Lives to See Another Day: Proposition 112 Fails

Colorado oil and gas companies breathe a sigh of relief – and their share prices respond Turns out DCP Midstream CEO Wooter van Kempen’s ‘glass more than half full’ philosophy was prophetic. During his company’s Q3 conference call yesterday van Kempen made multiple predictions as to the fate of 112 and he repeated his faith in Colorado voters in response[Read More…]

November 7, 2018 - 2:46 pm 360 Articles, Closing Bell Story, E&P, Fracing, Politics, Popular 2, Regulatory
Prop 112 is Not Going to Pass: DCP Midstream CEO van Kempen

Prop 112 is Not Going to Pass: DCP Midstream CEO van Kempen

Colorado ballot count tops 2 million at 2:33 p.m. on election day Graphic: Colo. Sec. of State DCP Midstream (ticker: DCP) is one of the one of the largest producers of natural gas liquids and one of the largest natural gas processing companies in the U.S. DCP has significant gathering and processing operations in the DJ Basin in Colorado. The[Read More…]

November 6, 2018 - 5:54 pm 360 Articles, Closing Bell Story, Midstream, Politics, Regulatory
Colorado Ballot Count Begins at 1.85 Million as Election Day Dawns

Colorado Ballot Count Begins at 1.85 Million as Election Day Dawns

Colorado voters could set a mid-term record Here’s how the ballot count breaks down before polls officially opened on election day, according to the Colorado Secretary of State’s ballot count report as of 12:34 a.m. Nov. 6, 2018: DEMOCRAT BALLOTS RECEIVED: 625,650 – 34% REPUBLICAN BALLOTS RECEIVED: 618,922 – 33% UNAFFILIATED BALLOTS RECEIVED: 584,560 – 32% GRAND TOTAL RECEIVED: 1,853,103[Read More…]

November 6, 2018 - 12:13 pm 360 Articles, Closing Bell Story, Law, Politics, Regulatory
1.5 Million Ballots are In but the Fate of Colorado Oil & Gas Development Will Remain a Mystery until Tuesday Night

1.5 Million Ballots are In but the Fate of Colorado Oil & Gas Development Will Remain a Mystery until Tuesday Night

With 1.5 million ballots turned in, the split between the Yes and No vote in an ‘Educated Guess Scenario’ for Prop 112 has closed to two-tenths of one percent The Colorado Secretary of State published the latest ballot count this morning, with two days left to vote. 1.5 Million Ballots are In: Fate of Colorado Oil & Gas Development Will[Read More…]

November 5, 2018 - 5:10 pm 360 Articles, Closing Bell Story, E&P, Fracing, Politics, Popular 1, Regulatory
With One Million Ballots In: Will Colorado Voters Stop Drilling by Voting for Proposition 112?

With One Million Ballots In: Will Colorado Voters Stop Drilling by Voting for Proposition 112?

An ‘educated guess scenario’ puts Colorado Prop 112 in the ‘fail’ column—by four-tenths of 1% Frac site in the Wattenberg field – northern Colorado. The Colorado Secretary of State’s ‘ballots received’ count topped one million as of today’s ballot count report, with six days remaining for voters to turn in their ballots. Colorado Secretary of State Wayne Williams reported Thursday[Read More…]

November 1, 2018 - 5:56 pm 360 Articles, Closing Bell Story, E&P, Politics, Regulatory
Final Week of Voting in Colorado: COGCC Hears from Both Sides of Proposition 112 Issue

Final Week of Voting in Colorado: COGCC Hears from Both Sides of Proposition 112 Issue

Ballots counted are rising: Colorado Sec. of State reports 801,000 ballots have been received to date – Dems and Republicans close gap to within 1,000 of one another – one week remains  With only one week to go before final results are tallied, the Colorado Oil and Gas Conservation Commission’s (COGCC) regular meeting on Oct. 29 provided a public platform[Read More…]

October 30, 2018 - 5:48 pm 360 Articles, Closing Bell Story, Law, Politics, Popular 1, Regulatory
The Spicy Sauce that Amendment 74 Adds to Colorado’s Election Stew

The Spicy Sauce that Amendment 74 Adds to Colorado’s Election Stew

If both 112 and 74 succeed at the booth, then … In a recent University of Colorado-sponsored online poll, 63% of Colorado voters who responded said they would vote ‘yes’ on Amendment 74. That’s the measure being voted on now throughout Colorado which would require state and local governments to compensate property owners for fair value when government regulations or[Read More…]

October 29, 2018 - 6:10 am 360 Articles, Closing Bell Story, Politics, Regulatory
Colorado Ballots Arrive During Massive TV-Radio Ad Blitz

Colorado Ballots Arrive During Massive TV-Radio Ad Blitz

Both sides of 112 are advertising on Spotify as ballots are being delivered The advertising messages to vote ‘No on Prop 112’ are everywhere you look and listen on Denver area TV and radio. The stakes are high for the oil and gas industry and its workers if Proposition 112 passes. Proposition 112 is the 2018 citizen-initiated ballot initiative backed[Read More…]

October 19, 2018 - 5:46 pm 360 Articles, Closing Bell Story, E&P, Fracing, Politics, Regulatory