OIL/GAS
Boulder County Votes to Place Temporary Moratorium on Drilling
The public will be able to comment March 1, according to the county’s website, “on the local impacts associated with oil and gas development, and on the appropriateness of continuing or amending the temporary moratorium.”
3Feb2012 | admin | 0 comments | Continued
Neslin Leaving as COGCC Director
Under his tenure, the commission updated Colordo’s oil and gas regulations to strengthen environmental protections during a significant increase in energy development. He also oversaw changes within the agency that resulted in more efficient permit reviews and other process improvements assisting industry and the public.
1Feb2012 | admin | 0 comments | Continued
El Paso County County Adopts Slimmed-Down Oil and Gas Regulations
The Board of County Commissioners voted 3-2 to approve a proposal that was significantly scaled down from what the county’s planning commission approved earlier this month. The regulations govern transportation, emergency response, noxious weeds and, controversially, water quality issues related to drilling.
1Feb2012 | admin | 1 comment | Continued
El Paso County Modifies Proposed Drilling Regs
After concerns from county commissioners and a warning letter from the Attorney General’s Office about El Paso County’s proposed oil and gas regulations, county planning staff have come up with a revised proposal for the commission to consider at its Jan. 31 meeting.
27Jan2012 | admin | 0 comments | Continued
Web Tool to Aid Layperson Understanding
of Niobrara Drilling
A new web-based tool developed by the Colorado Geological Survey is designed to provide the public with a better understanding and visualization of geologic conditions that separate groundwater supplies from the energy-bearing Niobrara Formation in the Denver Basin.
26Jan2012 | admin | 0 comments | Continued
Water Used in Hydraulic Fracturing a Small Sliver
of State’s Total
Hydraulic fracturing of oil and gas consumed less than a tenth of a percent of water used in Colorado in 2010, according to a new report prepared by the Colorado Oil and Gas Conservation Commission staff with the help of the state Division of Water Resources.
24Jan2012 | admin | 0 comments | Continued
Apache Paying Nearly $3 Billion for Cordillera Energy
The deal is valued at $2.85 billion and part of the buyer’s
plan to expand its holdings of energy-rich reserves in the Midwestern United States, specifically the transaction will double Apache’s acreage in the energy-rich Anadarko shale formation.
Opportunities and Challenges for U.S. Shale Gas Development — A Special Report From the Bipartisan Policy Center
The in depth study articulates opportunities associated with newly accessible and economically recoverable domestic shale gas resources, and highlights the critical need to develop those resources efficiently and responsibly.
23Jan2012 | admin | 1 comment | Continued
BLM Agrees to More Air Quality Studies on Gas Drilling Along the Front Range
The agreement came as part of a court-ordered settlement of a lawsuit filed by WildEarth Guardians, which challenged the Bureau of Land Management’s 2009 decision to issue 12 oil and gas leases covering 3,680 acres in Weld and Morgan Counties north of Denver.
20Jan2012 | admin | 0 comments | Continued
Windsor to Get $20 Million Halliburton Plant
When completed within the next few months, the terminal will support hydraulic fracturing activity in the Denver-Julesburg Basin, and eventually employ up to 500 workers. It’s another plus for a rebounding Northern Colorado economy.
20Jan2012 | admin | 0 comments | Continued
Coal To Natural Gas - It’s Happening Now
in the Power Industry
The most optimistic projections describe an abundant domestic energy source that will create enormous numbers of jobs and lead to cleaner skies. Nationwide, the electricity generated by gas-fired plants has risen by more than 50 percent over the last decade, while coal-fired generation has declined slightly.
16Jan2012 | admin | 0 comments | Continued
Rifle-Based Company Expands Manufacturing
Todd’s Welding Inc. has recently signed a long term lease for a 10-acre manufacturing facility located in Fruita in order to meet nationwide demand for their oil and gas equipment fabrication services.
14Jan2012 | admin | 0 comments | Continued
Oil & Gas CFOs Cite Unconventional Energy Sources as Greatest Investment in 2012
The discovery of new resource plays such as the Niobrara here in Colorado is driving overall oil and gas industry growth in 2012, according to a new study released by BDO USA, LLP. Energy executives are focusing their attention and capital on unconventional resources.
11Jan2012 | admin | 0 comments | Continued
Group Says Study Needed on Shale Gas Health Effects
Advances in hydraulic fracturing drilling techniques have revolutionized the natural gas industry, but researchers said more must be done to evaluate what the shale boom means for the those living near wells.
10Jan2012 | admin | 0 comments | Continued
BLM extends West Slope Lease Sale Comment Period
The BLM said Tuesday it will postpone the comment deadline for the far-reaching energy lease sale in Delta and Gunnison Counties by one month to February 9th. Local governments impacted by the potential sale sought the extension.
4Jan2012 | admin | 0 comments | Continued
Shale Primes Colorado’s Oil and Gas Industry
France energy giant Total SA is joining the domestic shale rush with a $2.3 billion investment in Chesapeake Energy. Meanwhile, China Petrochemical Corp. is ponying up $2.5 billion in a joint venture with Devon Energy to explore oil and gas projects from the Niobrara in Colorado to the Tuscaloosa Marine shale in Alabama and Mississippi.
4Jan2012 | admin | 0 comments | Continued-
Shale Gas = $Billions in U.S. Savings
Natural gas prices that slumped to a 10-year low this month could save U.S. consumers $16.5 billion on home energy bills over the course of a year, according to a senior economist at the U.S. Federal Reserve. Projected over several years, the savings could exceed any proposed tax cut.
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There is already a rule on the books that requires title disclosure for severed mineral rights.
It was done in ...