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Low oil prices endanger Weld County economy

Though Colorado is unlikely to suffer as a state from low oil prices, the Denver Post reports that economics don’t expect Weld County to navigate the price slump as easily. “Weld County is likely to suffer the worst in the state,” Wells Fargo economist Mark Vitner said in the article. “Denver may also face some downside risk, as it serves ...

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Colorado GOP advances rollback of renewable energy mandate

DENVER — Colorado Republicans pushed one of their top priorities through the Senate on Thursday — rolling back renewable energy mandates. But the vote probably doesn’t mean that utilities will need less energy from renewable sources. The Democratic House is unlikely to go along with the repeal. Republicans used their newfound majority in the Senate to repeal one of their ...

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Oil and gas spill report for Feb. 2

The following spills were reported to the Colorado Oil and Gas Conservation Commission in the past two weeks. Information is based on Form 19, which operators must fill out detailing the leakage/spill events. Any spill release which may impact waters of the state must be reported as soon as practical. Any spill of five barrels or more must be reported ...

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Task force moves to empower local government

The issue of local authority over oil and gas permits has been a hotly-debated topic for the state of Colorado. Despite opposition, several proposals discussed at Monday’s Oil and Gas Task Force meeting could facilitate a more powerful role for local governments in permitting oil and gas development and operation, the Denver Post reports. Gov. John Hickenlooper appointed the task ...

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Great Western Oil & Gas Company buys wells in Weld County

Great Western Oil & Gas Co., has bought 14 producing wells and 816 net leasehold acres in the Wattenberg Field from an undisclosed seller. The purchase took place Jan. 16. The price was not disclosed. “This acquisition is a great example of our strategy to expand our holdings in the Wattenberg Field, particularly during the current period of variability in ...

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Partnership enables community solar power development

The onset of a new partnership between two energy companies has secured 10 megawatts worth of solar energy development in Denver and Colorado Springs, according to a Denver Business Journal report. Denver solar power developer SunShare joined with a NRG Renew, subsidiary of NRG Energy, Inc. to fund and create community projects capable of powering 1,600 homes for 20 years. ...

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Anadarko to slash spending in 2015

Anadarko Headquarters

Anadarko Petroleum, which has offices in both Texas and Colorado, has announced its plans to cut spending in 2015, according to the Houston Business Journal. Anadarko joins a laundry list of companies across the nation that have announced similar cuts for the 2015 fiscal year. The announcement comes a day after the company released its fourth-quarter results in which the ...

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Natural gas station considered

A compressed natural gas station in Pueblo County is coming closer to reality. But the Board of County Commissioners wants to see more detail on the workings of a grant with the Colorado Department of Local Affairs to bring the station here. Carl Chavez, fleet director for the county, told the board during its Monday work session that the private ...

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