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360 Articles

Colorado: Aurora City Council Approves Operator Agreement with ConocoPhillips for 300-Well Development

Colorado: Aurora City Council Approves Operator Agreement with ConocoPhillips for 300-Well Development

By Bevo Beaven, Editor, Oil & Gas 360 Local control in Colorado: one city works out strict health, safety, environmental controls for oil and gas operators; lands in environmental movement crosshairs anyway Adjacent to Denver’s eastern border, the city of Aurora, Colorado sprawls into three counties—Arapahoe, Adams and Douglas. It is one of the nation’s fastest growing cities. It’s bigger[Read More…]

Edge of the Wattenberg: Colorado: Weld County Just Created its Own Oil & Gas Department

Colorado: Weld County Just Created its Own Oil & Gas Department

The Weld County oil & gas department will open August 5 Weld Commissioners say the action “solidifies their commitment of preserving oil and gas production in the county” By Bevo Beaven, Editor, Oil & Gas 360 In the wake of Colorado’s energy overhaul law, SB 19-181, which passed the Colorado legislature and was signed into law this spring, allowing counties[Read More…]

Source: Alaska Gasline Development Corporation

Draft EIS Released for $43 Billion Alaska LNG Project

By Tyler Losier, Energy Reporter, Oil & Gas 360 Alaska Gasline Development Corporation receives FERC input for large proposed gas export project Last Friday, the Federal Energy Regulatory Commission (FERC) published its draft environmental impact statement (EIS) for Alaska Gasline Development Corporation’s Alaska LNG project, concluding that construction and operation would result in temporary, long-term and permanent impacts on the[Read More…]

Colorado Energy Law Fallout: Boulder County Enacts Emergency Oil and Gas Moratorium through Q1 2020

Colorado Energy Law Fallout: Boulder County Enacts Emergency Oil and Gas Moratorium through Q1 2020

Temporary moratorium on applications for new oil and gas development and seismic testing – public hearing scheduled for July 16 to determine if moratorium will be extended By Bevo Beaven, Editor, Oil & Gas 360 Some of Colorado’s local governments have begun taking action using their newly granted powers to impose rules and review permits for oil and gas development[Read More…]

July 2, 2019 - 5:13 pm 360 Articles, Closing Bell Story, E&P, Politics, Regulatory
Colorado Oil Regulator COGCC Updates Criteria that Could Delay Permits

Colorado Oil Regulator COGCC Updates Criteria that Could Delay Permits

Colorado’s energy bill allows COGCC director to delay permits under these conditions On May 16, 2019, Colorado Oil and Gas Conservation Commission (COGCC) Director Jeff Robbins published updates to a list of conditions called the “Director’s Objective Criteria.” The Director’s Objective Criteria inform the director as to what conditions should be considered a “flag” to potentially delay an oil and[Read More…]

May 21, 2019 - 2:42 pm 360 Articles, Closing Bell Story, Regulatory
Tamarack Valley Energy CEO Brian Schmidt Discusses Ramping his Company’s Waterflood on a Billion-Barrel Oilfield

Tamarack Valley Energy CEO Brian Schmidt Discusses Ramping his Company’s Waterflood on a Billion-Barrel Oilfield

Canada’s curtailments, Cardium’s surprise: Tamarack Valley drills a record lateral for Western Canada Tamarack Valley Energy (stock ticker: TVE, $TVE) is a Canadian exploration and production company with strong economics and a few nice surprises in Q1 2019. The company’s operating netbacks for the quarter were 58% higher than Q4 2018. Oil & Gas 360® had the opportunity this week to[Read More…]

Canadian Senate Committee Nixes Oil Tanker Moratorium Act that would Prevent Energy Exports from B.C.

Canadian Senate Committee Nixes Oil Tanker Moratorium Act that would Prevent Energy Exports from B.C.

The Senate Standing Committee on Transportation last night voted to defeat Bill C-48, the Oil Tanker Moratorium Act. “Bill C-48 would do virtually nothing to address legitimate marine safety concerns of local communities regarding thousands of cruise ships, fueling and other types of vessels that traverse Northern British Columbia waters on an annual basis; it contains no measure to improve[Read More…]

May 16, 2019 - 5:08 pm 360 Articles, Canada, Closing Bell Story, Law, Politics, Regulatory
Colorado Energy Bill: Weld County Board of Commissioners Moves to Take Full Control of Oil & Gas Permitting from the State

Colorado Energy Bill: Weld County Board of Commissioners Moves to Take Full Control of Oil & Gas Permitting from the State

County that’s home to the Wattenberg field takes “first step to ensure our future and a robust economy” Weld County is the number one producer of oil and gas in Colorado. The county reports that 89% of all crude oil production and one third of natural gas production in Colorado comes from Weld County. Weld County Commissioners During its May[Read More…]

May 10, 2019 - 5:27 pm 360 Articles, Closing Bell Story, E&P, Law, Regulatory
WPX Energy, Delaware basin. Three drilling rigs on multi-well pads. L to R: Orion Drilling, Pegasus on the CBR 22-10H, Aries on the CBR 22-14H.

Drilling, Revenues from Federal Onshore Lands in an Upswing: 1,919 wells Spud in FY ’18 is 1,000 Higher than FY 2016

With smallest acreage in history, U.S. government nets record oil and gas onshore revenues of $1.1 billion Fiscal Year 2018 was a record year for onshore oil and gas revenues on public lands due in large part to more streamlined permitting timelines, the DOI said in a recent press release. Statistics released by the Bureau of Land Management (BLM) showed[Read More…]

Source: University of Colorado

Colorado Energy Bill Results in Crestone Peak’s Comprehensive Drilling Plan Hearing Being Tabled by the COGCC

SB 19-181 lands Crestone Peak CDP on Director’s Objective Criteria list – i.e. drilling plan red flagged to provide additional time to evaluate; all deadlines, prehearing conferences and the hearing on Crestone CDP are vacated Boulder County Board of County Commissioners issued a notice yesterday regarding the status of Crestone Peak Resources’ comprehensive drilling plan to develop its minerals in[Read More…]

May 3, 2019 - 2:08 pm 360 Articles, Closing Bell Story, E&P, Politics, Regulatory
Colorado Enviro Groups Using the COGCC System to Request 2,500-Foot Setbacks, Add Climate Change Impact Analysis to Colorado Drilling Permit “Objective Criteria,” and to Place an Immediate Pause on COGCC Permitting and Leasing of Minerals

Colorado Enviro Groups Using the COGCC System to Request 2,500-Foot Setbacks, Add Climate Change Impact Analysis to Colorado Drilling Permit “Objective Criteria,” and to Place an Immediate Pause on COGCC Permitting and Leasing of Minerals

Letters request that all preparatory work be halted – including leasing of minerals Enviro lobby tells members exactly what to write COGCC Director Robbins before Monday’s deadline Misleading letter suggests oil companies are drilling in advance of receiving permits to drill The public comment period for the Draft Director’s Objective Criteria list ends Monday, April 29, and the anti-fossil fuel[Read More…]

April 26, 2019 - 4:51 pm 360 Articles, Closing Bell Story, E&P, Politics, Regulatory
Colorado Energy Overhaul Law: Objective Criteria Items that will Trigger Further Review of Oil & Gas Applications

Colorado Energy Overhaul Law: Objective Criteria Items that will Trigger Further Review of Oil & Gas Applications

COGCC memo identifies the “Objective Criteria” that will trigger further review, could delay final determination of specific permit applications to ensure they comply with SB 19-181’s intent in advance of new rulemaking 10-day written comment period ends April 29 The Colorado Oil and Gas Conservation Commission issued a document on Friday entitled “SB 19-181 Draft Required Director Objective Criteria.” This[Read More…]

April 24, 2019 - 2:16 pm 360 Articles, Closing Bell Story, E&P, Fracing, Regulatory
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: Colorado: Weld County Just Created its Own Oil & Gas Department

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