Post Tagged with: "Forced pooling"

Courtesy of Extraction Oil & Gas, Inc.

Contested Oil Wells in Colorado Suburb Clear Major Hurdle

From the Associated Press DENVER (AP) — A fiercely contested oil and gas project in a residential neighborhood outside Denver cleared a major hurdle Tuesday when state regulators approved a request by an energy company to drill for reserves that belong to dozens of people, including some who don’t want to participate. The Colorado Oil and Gas Conservation Commission voted 5-1 to allow Extraction Oil & Gas Inc. to use a process called forced pooling to tap oil and gas belonging to several owners and gather it from a single drilling site in suburban Broomfield. Some of the commissioners said the state’s forced pooling laws are outdated and are not suited to the Broomfield project, but a majority said Extraction had met the requirements of the law as it’s written. Joe Salazar, an attorney for opponents of the project, said he was disappointed by the vote but pleased that some[Read More…]

March 13, 2019 - 4:45 pm Closing Bell Story, Energy News, Regulatory
Colorado: New Lawsuit Targeting Mineral Rights Pooling was Filed by Setback Proponents

Colorado: New Lawsuit Targeting Mineral Rights Pooling was Filed by Setback Proponents

“Make no mistake, Colorado Rising is all about shutting down energy production” –  Haley From the Grand Junction Sentinel The entity behind last fall’s defeated ballot initiative seeking to impose 2,500-foot setbacks between oil and gas facilities and things such as homes and waterways have sued over another matter, what’s called the forced pooling of nonconsenting mineral owners in order to drill wells. Colorado Rising sued in federal court Wednesday on behalf of mineral owners in Broomfield, saying the forced pooling provision of the Colorado Oil and Gas Act is unconstitutional. “The practice of forced pooling is in essence a taking of private property for corporate gain by order of the state,” Anne Lee Foster of Colorado Rising said in a news release. “Forced pooling is a perfect example of Colorado’s antiquated oil and gas laws that must be updated in accordance with modern technology, including horizontal fracking and the[Read More…]

January 29, 2019 - 5:34 pm Closing Bell Story, Energy News, Politics & Opinions
Judge Scraps Idaho Order Forcing Landowners into Oil Leases

Judge Scraps Idaho Order Forcing Landowners into Oil Leases

From Associated Press/the Herald-Whig BOISE, Idaho (AP) — Idaho officials violated the U.S. Constitution by forcing several landowners to sell their natural gas and oil to a Texas company without giving them a meaningful way to fight the state’s decision, a judge said. The ruling Monday in U.S. District Court in Boise could have significant ramifications for a state-approved process intended to prevent a minority of mineral rights owners from stopping natural gas and oil production. Citizens Allied for Integrity and Accountability sued last year, contending the state discriminated against landowners with an order finalizing a deal that favors Houston-based Alta Mesa. Among the group’s concerns are possible pollution and a decline in home values from nearby oil and gas wells that make royalties received by the landowners negligible. “Every Idaho landowner should be worried that an outside oil company can come here, drill your land, take your oil or[Read More…]

August 15, 2018 - 1:08 pm Closing Bell Story, Energy News, Law