fracking
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Colorado Supreme Court clarifies who owns oil, gas rights beneath streets
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The Colorado Supreme Court on Monday, citing a need to avoid mass litigation across the state, ruled for the first time that property owners generally retain the mineral rights under roadways adjacent to their land, up to the center line. The decision resolved the question of who is entitled to oil and gas royalties for…
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‘Puffery’ or illegal? State Supreme Court evaluates statements made by Denver energy corporation
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When Jagged Peak Energy Inc. began publicly selling shares of its stock in 2017, it allegedly misrepresented key aspects of its extraction operation to investors and overstated its ability to produce oil and gas. Now, the Colorado Supreme Court will decide whether the 8,000-person Oklahoma Police Pension and Retirement System may sue Denver-based Jagged Peak…
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Polis signs new law mandating disclosure of fracking chemicals
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Gov. Jared Polis Thursday signed legislation that requires manufacturers and users of hydraulic fracking chemicals to disclose to the state each chemical in their products. The new law mandates that the list of ingredients be made available on a publicly accessible website, which the Colorado Oil & Gas Conservation Commission is tasked with developing. Under…
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Colorado Oil & Gas Commission examining industry’s financial obligations to orphan wells
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Colorado’s Oil & Gas Commission this week started the process for changing the rules regarding the financial obligations drilling companies must comply with to clean up “orphan wells.” An orphaned well is one that is no longer operating for whatever reason, and that must be “plugged, remediated and reclaimed” by the state. Often they’ve been…
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Fracking’s secret problem: Oil wells aren’t producing as much as forecast
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Thousands of shale wells drilled in the last five years are pumping less oil and gas than their owners forecast to investors, raising questions about the strength and profitability of the fracking boom that turned the U.S. into an oil superpower. The Wall Street Journal compared the well-productivity estimates that top shale-oil companies gave investors…
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Colorado Rising to take another shot at an oil and gas ballot initiative
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Colorado Rising, the group that put forth the oil-and-gas setback initiative Proposition 112 on the November ballot, now says it is looking at another ballot measure in 2020 if “state leaders fail to take effective action to protect residents from neighborhood drilling.” What would that 2020 ballot measure look like? The group isn’t saying just yet.…
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FEEDBACK | Rein in lending? Roll back drilling?
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‘Preying on those who require a helping hand is sickening’ Our state has a problem. The cost of living continues to increase, but wages are not keeping up. Simply paying bills can be extraordinarily stressful. Unfortunately, there is an industry that exists solely to take advantage of people in this situation – payday lenders. Preying…
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Proposition 112: Oil-and-gas setbacks combatants clash with report, rallies
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With ballots on their way to Colorado voters this week, proponents and opponents of Proposition 112, the statewide measure to expand oil-and-gas setbacks, are making their campaign moves. Those who support the 2,500-foot buffer zone for new oil and gas operations say a new study disputes the dire economic impact the industry says it will…
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IN RESPONSE | Missing from our energy portfolio: political willpower
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While we agree with U.S. Sen. Cory Gardner in recommending a cautious policy when dealing with Russia, we believe the senator is using the current distrust between Russia and the U.S. as cover to advance his real overriding agenda, promoting the fracked gas industry. After all, according to Ballotpedia.com, since 2009 Sen. Gardner has received…
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NOONAN | Unaffiliated voters are on a roll in Colorado
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Between 2008 when Barack Obama was elected president and 2010, during the Great Recession and the Tea Party Revolution, the Democratic Party lost 219,111 active voter registrations in Colorado and active voters declined from 76 percent in 2008 to 56 percent in 2010. In 2010, Republicans were at a peak, with 39 percent of active…