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Tag Archives: Colorado

Colorado has 40 times more natural gas than thought

natural gas, Colorado, hydraulic fracturing

DENVER (AP) — Western Colorado has 40 times more natural gas than previously thought, but an immediate boom is unlikely because of low gas prices, government and industry experts said Wednesday. The U.S. Geological Survey said the Mancos Shale formation in Colorado’s Piceance (PEE’-yahns) Basin holds about 66.3 trillion cubic feet of gas, up from 1.6 trillion estimated in 2003. ...

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Governor picks boss for Colorado natural resources agency

Colorado, Bear Lake

DENVER (AP) — The former deputy director of the Colorado Department of Natural Resources has been named director. Gov. John Hickenlooper said Monday that Bob Randall steps into the top job immediately. Randall has been interim director since February 2016, when Mike King resigned to become planning director for Denver Water, the state’s largest municipal utility. Randall was deputy director ...

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Colorado’s new, higher oil and gas fines are biting industry

Colorado

DENVER (AP) — Colorado is imposing heftier fines on energy companies as the state struggles to resolve conflicts between growing cities and big oilfields at their doorstep, an Associated Press analysis shows. Regulators say the tougher penalties for breaking health, safety and environmental rules are prompting energy companies to be more careful. Others say it’s too early to call them ...

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Colorado bracing to repay millions in energy taxes

energy taxes, Colorado

DENVER (AP) — Colorado will have to cough up hundreds of millions in tax refunds to energy companies over the next couple years. And state lawmakers have until Wednesday to figure out how to pay the tab. A bill moving through the Legislature calls for an estimated $115 million in refunds to oil and gas companies. The money will be ...

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Colorado House advances fracking operations bill

Colorado House advances fracking operations bill

DENVER (AP) — A bill enabling Coloradans to sue oil and gas drilling firms whose fracking operations damage property or harm people has advanced in the Democrat-led state House. Specifically, the bill would hold energy companies liable if their operations cause damaging earthquakes. The bill says plaintiffs could sue without having to prove that a drilling operation directly caused an ...

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Colorado OKs oil-gas rules giving cities, counties limited say

Colorado OKs oil-gas rules giving cities, counties limited say

DENVER — Colorado regulators approved new rules Monday intended to ease the conflicts that arise when oil and gas rigs show up near homes and schools, but they came under immediate fire from both the industry and its critics. The regulations approved by the state Oil and Gas Conservation Commission would allow local governments to consult with energy companies on ...

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Denver-based Whiting Petroleum sees second employee charged with racketeering, fraud

idea of punishment for financial fraud, an employee of Whiting petroleum was recently charged with racketing and fraud charges

A former Whiting Petroleum Corp. employee was arrested last month in North Dakota on suspicion of violating the Colorado Organized Crime Control Act. James Bennett, 52, who was employed by Whiting as a construction supervisor, is charged in Weld District Court with one count of fraud against the Colorado Department of Revenue, one count of theft and seven counts of ...

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Landfill gases turned to compressed natural gas

In Grand Junction, Colorado, buses, garbage trucks and street sweepers run on compressed natural gas produced from a wastewater treatment plant. In Riverview, Michigan, excess gases from a landfill are being converted to CNG to power seven city vehicles. Plans are in the works to convert police cruisers to CNG, which costs about $1 per gallon. And in Louisiana, St. ...

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Colorado Oil and Gas Conservation Commission hearing testimony regarding new rules

DENVER — Opponents of new rules governing the oil and gas industry’s siting of wells in urban areas and transparency with local government came out in force on both sides of the issue this morning. The Colorado Oil and Gas Conservation Commission heard from several residents and industry representatives, all concerned about the consequences of such rules, which were debated ...

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