niobrara
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Colorado poised to pass California for oil production
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Oil production is booming in Colorado – so much so that the state is about to overtake California in the crude-oil output rankings, federal figures show. Crude oil output in Colorado reached 451,000 barrels a day in April, according to data from the U.S. Energy Information Administration. That’s slightly less than in California, a traditional oil…
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COVER STORY: The fight over forced pooling — should drilling-without-consent law be changed?
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From her front porch in Broomfield’s Wildgrass subdivision, Jean Lim looks out on a park and the Rocky Mountains beyond. There she sits, waiting for an oil and gas driller to use a state law to get the mineral rights beneath her home she doesn’t want to lease. “We are just waiting to be pooled,”…
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Oil & gas bill limiting payout to Colo. mineral owners passes committee
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A bill providing more protection to property owners when drillers use state law to get access to their minerals, but limits their share in oil and gas profits, was passed by the state Senate Agriculture, Natural Resources & Energy Committee Wednesday. The aim of the legislation is to update Colorado’s 83-year-old “forced pooling” law, which…
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Colorado oil production rises as prices rebound
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Oil production continues to increase in Colorado as energy companies respond to a recent rebound in crude prices, according to U.S. government data. The Energy Information Administration says drillers in the Niobrara region that includes much of northern Colorado will produce 580,000 barrels daily in March. That’s a 6 percent increase over February’s expected production.…
