Colorado Politics

Weld County keeps pumping up its oil production to an all-time high

Weld County in northeast Colorado is poised to see a record for oil production.

For 2017, production through November is sitting at more than 105 million barrels of oil. When December numbers are counted that could easily go up to 116 million barrels of oil produced out of the county, an all-time high.

The Greeley Tribune reports the current record of 109 million barrels of oil was set in 2015.

Don Warden, county finance director, says 2017’s oil and gas production likely will boost Weld’s assessed valuation by 5 percent to 6 percent for the 2019 budget.

Weld’s largest oil and gas operator, Anadarko Petroleum, plans to spend $950 million this year in the Denver-Julesburg Basin, which essentially covers all of Weld County.

The report comes as lawmakers hear a bill that would give local communities more authority to regulate wells, and Colorado braces for a governor’s race that could pit Big Oil against Democratic candidates who want to wean the state completely off fossil fuels by 2040.

 

PREV

PREVIOUS

This Week at the Colorado Capitol, Feb. 5-9

Here are the legislative committee hearings of note for the week ahead in the Colorado Capitol. Committee schedules are subject to change. The daily schedule is available on the legislature’s website. Click here and scroll down to committee hearings to listen online.   MONDAY Senate Business, Labor & Technology Committee, 1:30 p.m. SCR354 Senate Bill […]

NEXT

NEXT UP

Aspiring Colorado teachers learn the ins and outs of rural education with new grant funding

Rural education is just plain different from the cities and suburbs. Many students in El Paso County’s eastern districts attend school four days a week instead of five. Everybody knows everything about everybody. Hats are whisked off and on – the superintendent might also be the principal and the bus driver. And the school is […]


Welcome Back.

Streak: 9 days i

Stories you've missed since your last login:

Stories you've saved for later:

Recommended stories based on your interests:

Edit my interests