Post Tagged with: "Colorado"

Colorado Moves Ahead with Higher Fines

Colorado Moves Ahead with Higher Fines

Colorado commissioners have decided to allow for higher fines for oil and gas industry violations

After much debating, the Colorado Oil and Gas Conservation Commission (COGCC) has decided to approve heavier penalties for oil and gas well operators who violate …

January 6, 2015 - 5:20 pm Oil and Gas 360 Articles, Regulatory
Broomfield, CO next up in the Fracturing Ban Debate

Broomfield, CO next up in the Fracturing Ban Debate

The hydraulic fracturing dispute continues in one of the U.S. battleground states

Colorado has played host to numerous standoffs involving hydraulic fracturing and its practices. Even though ballot initiatives were dropped in August, the debate of fracing continues on a …

Oil prices turned firmly lower during midday trading on Tuesday. Crude futures were little changed earlier in the session, depressed by a report of record Saudi production but supported by expectations that oil exporters would agree to cut output at an OPEC meeting next week. Oil & Gas 360

Important Changes to Severance, Use Taxes for Colorado Oil & Gas Producers

Two major decisions were made in Colorado state courts in the past 12 months regarding Colorado tax codes that affect many in the oil and gas industry in the state.

The first was made in BP America Co. v. Colorado

New Report Outlines Colorado Oil & Gas Industry’s Economic Contributions to the State

“The economic contributions of the upstream and midstream oil and gas industry totaled $126.5 billion in output in Colorado between 2008 and 2012. In total, the industry supported more than 93,500 jobs in Colorado.”

In a new report by its

October 14, 2014 - 6:50 pm Oil and Gas 360 Articles
Colorado Oil & Gas Task Force Completes 2nd Meeting

Colorado Oil & Gas Task Force Completes 2nd Meeting

On Oct. 9 and 10, the Colorado Oil & Gas task force, a group of 21 volunteer citizens representing oil and gas companies, environmental groups, and the farming, homebuilding and medical communities (along with attorneys and government officials) held its …

October 13, 2014 - 6:41 pm Oil and Gas 360 Articles
Colo. O&G Task Force Meets: “We Need to Define the Problem”

Colo. O&G Task Force Meets: “We Need to Define the Problem”

Yesterday, Governor Hickenlooper’s hand-picked Task Force regarding State and Local Regulation of Oil and Gas Operations met for the first time.  The 21 members are people within the Colorado community who represent oil and gas companies, environmental groups, the farming …

September 26, 2014 - 5:14 pm Oil and Gas 360 Articles, Regulatory
Oil & Gas Dividend: Lower Taxes for Homeowners, Debt Free Governance

Oil & Gas Dividend: Lower Taxes for Homeowners, Debt Free Governance

With signs outside the United Nations climate summit reading “Keep the Oil in the Ground,” there’s a breath of fresh air from the local scene in Colorado’s most active oil and gas county.

Weld County has some news: A debt-free …

September 23, 2014 - 6:00 pm Oil and Gas 360 Articles
Colorado’s Oil & Gas Task Force Positive for Industry, Marwood Group Says

Colorado’s Oil & Gas Task Force Positive for Industry, Marwood Group Says

On September 9, 2014, Governor John Hickenlooper appointed 19 members to join a panel led by one oil and gas company president and one environmental activist.  The idea is to help guide decisions dedicated to regulating oil and gas development …

September 19, 2014 - 6:10 pm Oil and Gas 360 Articles
Proposed Projects Would Move Colorado Oil to Oklahoma, California

Proposed Projects Would Move Colorado Oil to Oklahoma, California

Cushing, Oklahoma’s giant crude oil storage hub will be linked to Colorado’s Niobrara/Codell shale oil production upon construction and completion of a new 550-mile pipeline between Weld County Colorado’s Wattenberg field and NGL Energy Partners’ (ticker: NGL) Cushing terminal.

When …

September 16, 2014 - 6:49 pm Midstream, Oil and Gas 360 Articles, Oilfield Services

How Colorado’s U.S. Senate Candidates Compare on Energy

Udall is fighting for a 25% national RES, a carbon tax, wind tax credits, LNG exports and more nuclear.

Gardner wants easier permitting to drill on federal lands and Alaska’s outer shelf, wind tax credits, LNG exports and more nuclear.

September 9, 2014 - 6:03 pm Fracing, Oil and Gas 360 Articles, Oilfield Services
Governor Hickenlooper Announces Members of Colorado’s 2014 Oil and Gas Task Force

Governor Hickenlooper Announces Members of Colorado’s 2014 Oil and Gas Task Force

Yesterday, Governor John Hickenlooper announced the members of a statewide task force that will craft recommendations to help minimize land use conflicts that can occur when siting oil and gas facilities near homes, schools, businesses and recreational areas.

“The governor …

September 9, 2014 - 5:47 pm Oil and Gas 360 Articles, Oilfield Services, Regulatory

District Judge Overturns Lafayette, Colo.’s Charter Amendment Banning All Oil and Gas Activity

In November, voters in the city of Lafayette, Colorado approved Ballot Measure 300, which banned all “oil and gas extraction and related activities” within the Lafayette city limits. Lafayette is at the western edge of the Wattenberg field in the …

Horizontal Drillers Plowing Ahead in the Wattenberg

Horizontal Drillers Plowing Ahead in the Wattenberg

Energy Companies Discussed their Colorado Operations at EnerCom’s The Oil & Gas Conference 19®

Weld County, Colorado, is home to the Wattenberg Field, where horizontal drilling and hydraulic fracturing and complex well completion techniques are creating Colorado’s shale boom. …

Representative: Colorado, U.S. Energy Independence are “Big Winners” in Initiative Compromise

Representative: Colorado, U.S. Energy Independence are “Big Winners” in Initiative Compromise

Two initiatives targeting Colorado’s oil and gas industry are effectively dead as of yesterday, August 4, 2014. The announcement was a somewhat surprising end to a escalating issue spearheaded by two Democratic officials. Popular sentiment among local and national …

Proposition 89 will Create Patchwork of Environmental Regulations, End Challenges in Colorado

If proposition 89 lands on the ballot and passes a statewide vote in the general election on November 4, companies who want to establish operations in Colorado will face a variety of differing rules and a new level of  political …

July 28, 2014 - 5:50 pm Finance, Fracing, Oil and Gas 360 Articles, Regulatory
Court Tosses out Longmont, Colo. Frac Ban–But Ballot Initiatives Targeting Oil & Gas Operations are Likely to Make November Ballot

Court Tosses out Longmont, Colo. Frac Ban–But Ballot Initiatives Targeting Oil & Gas Operations are Likely to Make November Ballot

In a ruling Thursday that overturned the city of Longmont’s ban on hydraulic fracture stimulation, a Boulder County, Colorado judge—and the case itself—illustrated the power that Proposition 89 would convey to municipalities and other local governments statewide.

Boulder Judge D.D. …

July 25, 2014 - 11:16 am Fracing, Oil and Gas 360 Articles, Regulatory
CEOs Closely Watching Colorado Ballot Initiatives

CEOs Closely Watching Colorado Ballot Initiatives

During his introductory comments on the Noble Energy (ticker: NBL) Q2 earnings call today, Noble Chairman and CEO Charles Davidson said:

“I wanted to spend a couple of minutes discussing the regulatory environment for oil and gas development in …

July 24, 2014 - 5:47 pm Earnings, Oil and Gas 360 Articles, Regulatory
Will Political Windstorm Bring Wattenberg Development to a Halt?

Will Political Windstorm Bring Wattenberg Development to a Halt?

Note: this is Part Two of a two-part series looking at the rapid pace of oil and gas development in Weld County in 2014. Click here to read Part One: Will Voters Kill Colorado’s Golden Goose?

2013 was a record …

July 22, 2014 - 5:59 pm Finance, Fracing, Oil and Gas 360 Articles, Regulatory
Will Voters Kill Colorado’s Golden Goose?

Will Voters Kill Colorado’s Golden Goose?

August 4 is the deadline for two citizens’ groups that are attempting to collect the signatures required to land two statewide ballot proposals on the November ballot. If successful, they would give voters the power to inhibit Colorado’s future oil

Community Control Ballot Initiative Dies from Lack of Signatures in Colorado, Governor Abandons Compromise Bill Push

Community Control Ballot Initiative Dies from Lack of Signatures in Colorado, Governor Abandons Compromise Bill Push

A ballot initiative that would have given communities the power to regulate local oil and gas operations was pulled Monday for a lack of supporting signatures, according to a report by the Denver Post Tuesday.

“Initiative 75 would have added …

July 16, 2014 - 4:54 pm Oil and Gas 360 Articles, Regulatory
Booming D-J Has Voters, Politicians, Oil & Gas Companies Bracing for New Regulations

Booming D-J Has Voters, Politicians, Oil & Gas Companies Bracing for New Regulations

Public sentiment about hydraulic fracture stimulation (fracing) and other aspects of oil and gas exploration and production in Colorado has generated a lot of sentiment in recent months. A variety of Colorado municipalities want to institute local rules, ballot initiatives …

June 30, 2014 - 4:36 pm Earnings, Fracing, Oil and Gas 360 Articles, Regulatory
Colorado Environmental Regulation Changes On the Horizon?

Colorado Environmental Regulation Changes On the Horizon?

A change to the way oil and gas pollution is regulated is the next big step for the Colorado Department of Public Health and Environment.

CDPHE is moving forward to adopt EPA’s air pollution rules. In 2012, EPA set new

July 9, 2013 - 3:08 pm Oil and Gas 360 Articles, Regulatory