State and Local Governments in Colorado Could Owe Mineral Owners $26 Billion if Proposed Setback Initiatives or New Bans Pass

NSAI report puts estimate of lifetime EUR for the Wattenberg at nearly $180 billion
Northern Colorado's Wattenberg field has been a prolific producer of oil and natural gas for decades. Like other basins, the area's production accelerated significantly when hydraulic fracturing and horizontal drilling came to the DJ Basin a dozen or so years ago.

But there are proposed ballot initiative petitions being circulated this summer and a court case awaiting final outcome in Colorado that could result in shutting out large areas of the state for oi...