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360 Articles

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
COGCC v. Martinez Colorado Supreme Court - photo: Oil & Gas 360

This was the Scene at the Colorado Supreme Court during the Martinez Case Oral Arguments

Just 500 feet from the courthouse, a pro-oil rally at the capitol steps asked people to “Vote No on Proposition 112”  Below: summary of the Martinez case and breakdown of the oral arguments It was a busy day for oil and gas in Colorado on Oct. 16. At lunchtime, several hundred industry supporters joined a ‘Mayors Against Proposition 112’ rally[Read More…]

If Colorado Voters Pass the 2,500-Foot Setback, ‘Governor Polis’ Will Let It Stand

If Colorado Voters Pass the 2,500-Foot Setback, ‘Governor Polis’ Will Let It Stand

Colorado Democratic party platform officially endorses both the 2,500-foot statewide drilling setback and the Martinez ruling for Colorado oil and gas permitting Candidate Polis seeks 100% renewable energy for Colorado, no fossil fuels Stapleton: ‘I would pursue every redress possible for that job-killing measure’ In the 2018 election season’s first gubernatorial debate, hosted by Denver TV station CBS4 on October 5th,[Read More…]

October 11, 2018 - 5:36 pm 360 Articles, Closing Bell Story, E&P, Jobs, Politics, Popular 3, Regulatory
Looking at Both Sides of the Colorado Oil & Gas Setback Question

Looking at Both Sides of the Colorado Oil & Gas Setback Question

Photo taken in Boulder County, one mile west of Weld County. Oil & Gas 360 A Colorado TV station last week offered an attempt at a balanced story about Proposition 112—Oil & Gas setbacks. The ballot question comes up on the mail-in ballots going to voters beginning Oct. 15. “Here’s how you’ll hear Proposition 112 described by its supporters,” Colorado[Read More…]

October 2, 2018 - 5:58 pm 360 Articles, Closing Bell Story, E&P, Fracing, Law, Popular 4, Regulatory
Will 100,000 Phone Calls Be Able to Stop Oil and Gas Companies from Drilling in Colorado?

Will 100,000 Phone Calls Be Able to Stop Oil and Gas Companies from Drilling in Colorado?

It’s shaping up to be the power of advertising vs. the power of personal phone calls. At least that’s what the two opposing forces are doing to promote their polar opposite views of Proposition 112 as voters begin to think about what will be on their mail-in ballots which will begin to arrive in mid-October. Election day is Nov. 6.[Read More…]

September 26, 2018 - 5:47 pm 360 Articles, Closing Bell Story, E&P, Fracing, Law, Politics, Regulatory
Colorado’s Damaging Setbacks: Six Weeks Will Tell the Tale

Colorado’s Damaging Setbacks: Six Weeks Will Tell the Tale

Upcoming TV debate showcases thinking on both sides of the setback issue There is a storm cloud of potential upheaval facing Colorado’s oil and gas regulator (the Colorado Oil and Gas Conservation Commission—COGCC) this fall. On the leading edge is a contentious ballot issue that’s going to be in front of voters between mid-October and Nov. 6. Proposition 112 is[Read More…]

Oil and Gas Industry: Colorado Supreme Court Sets Date to Hear Oral Arguments in COGCC v. Martinez

Oil and Gas Industry: Colorado Supreme Court Sets Date to Hear Oral Arguments in COGCC v. Martinez

Colorado oil and gas regulation: is the State’s task to balance oil & gas development with public health, safety and welfare? Colorado’s high court will soon hear oral arguments in a case whose outcome could reshuffle the criteria the COGCC must use in granting permits to drill oil and gas wells Fall of 2018 will be remembered as the season[Read More…]

September 12, 2018 - 1:14 pm 360 Articles, Closing Bell Story, E&P, Fracing, Law, Politics, Regulatory
Another Texas LNG Export Project Inches Closer

Another Texas LNG Export Project Inches Closer

Texas LNG said FERC has issued the Notice of Schedule for Environmental Review (SER), setting the anticipated dates for issuance of its Final Environmental Impact Statement (FEIS) and Federal Authorization Decision Deadline. Texas LNG is a Liquefied Natural Gas (LNG) facility to be constructed at the Port of Brownsville in South Texas, close to the U.S. – Mexico border and[Read More…]

September 6, 2018 - 3:47 pm 360 Articles, Closing Bell Story, LNG, Regulatory
State of Colorado has Initiated a Rulemaking for Drilling Setbacks Near Schools

State of Colorado has Initiated a Rulemaking for Drilling Setbacks Near Schools

State’s regular oil and gas rulemaking process at work On December 6, 2017, the League of Oil and Gas Impacted Coloradans (LOGIC), submitted a Colorado Oil and Gas Conservation Commission (COGCC) petition to conduct a rulemaking to require new oil and gas wells and production facilities be sited no closer than 1,000 feet from the perimeter of a school or[Read More…]

September 5, 2018 - 4:36 pm 360 Articles, Closing Bell Story, Regulatory
Colorado’s Proposed “Takings” Amendment, Initiative 108, Makes the November Ballot

Colorado’s Proposed “Takings” Amendment, Initiative 108, Makes the November Ballot

Initiative 97, which mandates a 2,500-foot setback from occupied structures, schools, homes, waterways and other ‘vulnerable’ areas, is one of the two remaining ballot initiatives with signatures still being verified Colorado Secretary of State Wayne Williams announced today that a proposed constitutional amendment that would require that property owners be compensated for any reduction in property value caused by state laws[Read More…]

August 28, 2018 - 5:27 pm 360 Articles, Closing Bell Story, E&P, Law, Regulatory
Edge of the Wattenberg: Moratorium Expires but will Drilling Return to Boulder County?

Colorado Fair Compensation for Takings Amendment Initiative Goes to the Secretary of State

On Friday Colorado Secretary of State Wayne Williams reported that the proponents of the private property rights measure – Initiative 108 – had turned the collected signatures over to the Secretary of State. The Secretary of State’s office now has 30 days to review the information provided on the petitions and determine whether the proposed measure has enough verified signatures for the[Read More…]

August 6, 2018 - 11:13 am 360 Articles, Closing Bell Story, Law, Regulatory
Window Closing on Colorado Initiative 97: Voter Signature Collection Period Ends this Weekend

Window Closing on Colorado Initiative 97: Voter Signature Collection Period Ends this Weekend

Initiative 97 imposes a mandatory statewide minimum 2,500-foot drilling setback, also cedes power to local governments to increase setbacks This is the final week for environmental activist groups 350.org and Colorado Rising to gather signatures for Colorado ballot initiative 97. It’s the initiative that asks voters to change existing state law to impose a 2,500-foot setback on new oil and[Read More…]

August 1, 2018 - 1:42 pm 360 Articles, Closing Bell Story, Fracing, Politics, Regulatory
Colorado Governor John Hickenlooper

Colorado, Oil & Gas Industry Agree to Beef Up Safety Around Orphaned Wells

Colorado Gov. John Hickenlooper signed an executive order on Wednesday that addresses safety concerns with more than 260 orphaned wells and 360 orphaned sites in Colorado. The executive order follows a review that the governor ordered in the aftermath of the Firestone house explosion in 2017 that killed two people and injured another. Investigators found evidence of an abandoned gas[Read More…]

July 19, 2018 - 3:17 pm 360 Articles, Closing Bell Story, E&P, Regulatory
LNG Permitting: FERC Chairman Says No Delay Letters Were Sent

LNG Permitting: FERC Chairman Says No Delay Letters Were Sent

McIntyre says FERC is streamlining the LNG plant permitting process, reducing the timing  The Federal Energy Regulatory Commission has issued a news release saying the commission has not sent letters to LNG project applicants announcing delays of 12 to 18 months for pending applications for liquefied natural gas terminals. Last week, Bloomberg reported that unnamed sources had described the letters.[Read More…]

July 18, 2018 - 3:44 pm 360 Articles, Closing Bell Story, LNG, Regulatory
Colorado 2,500-Foot Setback Initiative 97 Enters the Stretch, Proponents Accelerate Grassroots Campaign

Colorado 2,500-Foot Setback Initiative 97 Enters the Stretch, Proponents Accelerate Grassroots Campaign

Extremely well-organized ‘keep it in the ground’ groups tell like-minded voters exactly what to do to get initiative 97 on the ballot, what to say at the COGCC hearing  “We’re calling on the COGCC to prioritize public health and safety over profit – and to get on the right side of history” – 350 Colorado campaign promoting initiative 97 Campaign[Read More…]

July 17, 2018 - 2:57 pm 360 Articles, Closing Bell Story, Fracing, Politics, Regulatory
"El Merk, Algeria, March 2013: The CPF


Photo by Mike Goldwater"

Canada’s Proposed Bill C-69 Would Require Energy Project Environmental Assessments to Take Climate Change into Account

Bill gives cabinet and environment minister final power to approve or reject a project regardless of the findings of an environment assessment In February 2018, Catherine McKenna, the federal Minister of Environment and Climate Change, introduced Bill C-69. The bill may replace the Canadian Environmental Assessment Act of 2012 (CEAA 2012) with the Impact Assessment Act. McKenna claimed the new[Read More…]

Colorado’s 2,500-Foot Oil & Gas Setback Ballot Initiative in Signature-Gathering Mode

Colorado’s 2,500-Foot Oil & Gas Setback Ballot Initiative in Signature-Gathering Mode

Will they gather enough signatures this time around? The 2018 Colorado ballot initiative that would change state law to require 2,500-foot setbacks from occupied structures, playgrounds and water sources for new oil and gas development projects is in the signature gathering phase. It is Initiative #97. The groups behind the newest setback initiative have just 68 more days to collect[Read More…]

May 29, 2018 - 2:19 pm 360 Articles, Closing Bell Story, Politics, Regulatory
Colorado Mineral Owners’ Amicus Brief for Martinez Case is Accepted by Colorado Supreme Court

Colorado Mineral Owners’ Amicus Brief for Martinez Case is Accepted by Colorado Supreme Court

Legal process could take a year or more at Colorado high court The Colorado Alliance of Mineral and Royalty Owners (CAMRO) has filed an amicus curiae brief discussing how the desired changes sought out in the Martinez case would affect royalty owners in Colorado. In April the Colorado high court accepted the CAMRO amicus brief. “I am pleased to let[Read More…]

May 3, 2018 - 3:06 pm 360 Articles, Closing Bell Story, E&P, Law, Regulatory
Congressman Seeks to Raise Ethanol Content at the Pump to 15%

Congressman Seeks to Raise Ethanol Content at the Pump to 15%

The Energy Independence and Security Act of 2007 (EISA) set yearly RFS volume requirements for each renewable fuel category. EPA updates volume requirements each year based on fuel availability. The RFS is a federal program that requires transportation fuel that is sold in the United States to contain a minimum volume of renewable fuels. It’s known as the renewable fuel[Read More…]

State-of-the-Art Gas Fired Power Station is Generating Power for 2.5 Million People after Conversion from Coal

State-of-the-Art Gas Fired Power Station is Generating Power for 2.5 Million People after Conversion from Coal

$700 million investment addresses growth in the region and expected future energy demand  Project benefited 150 companies, contributed $12 million to local subcontractors A new 750-megawatt combined-cycle natural gas plant at the W.S. Lee Station in Anderson County, S.C., began generating gas-fired power for Duke Energy (ticker: DUK) customers last week in South Carolina and North Carolina. Construction of the $700 million plant started in March 2015. Duke said[Read More…]

Crestone Peak’s “Re-entry into Boulder County” Takes Another Step Forward

Crestone Peak’s “Re-entry into Boulder County” Takes Another Step Forward

Crestone Peak submits 4th Draft of Comprehensive Drilling Plan to COGCC Crestone Peak Resources, the privately held DJ Basin operator that is developing Encana’s former assets in in Northern Colorado, is getting a little closer to planting its flag on three planned drill pads in Boulder County. Developing the Encana DJ Basin assets Crestone Peak was formed in 2015 through[Read More…]

April 6, 2018 - 2:23 pm 360 Articles, Closing Bell Story, E&P, Fracing, Politics, Regulatory
Source: Cheniere

LNG and Steel: Tariffs Could Lower Competitiveness of U.S. NatGas Exports – Trade Group

Steel, aluminum tariffs take effect March 23 When Shell (ticker: RDS.A) released its 2018 LNG Outlook in late February, the global oil and gas major said that surging global LNG demand could lead to possible shortages in the Mid-2020s. Shell said based on current demand projections, it sees a potential for a supply shortage developing in mid-2020s, unless new LNG production[Read More…]

March 16, 2018 - 3:09 pm 360 Articles, Closing Bell Story, LNG, Regulatory