Oil and Natural Gas
What is hydraulic fracturing?
Hydraulic fracturing or “fracking” is a proven technology used for over 60 years. When hydraulic fracturing begins, a mixture of mostly pressurized water, sand, and chemicals is pumped into the formation creating tiny fissures in targeted areas of the source rock. These tiny fissures allow oil and natural gas to escape and flow through piping up to the surface. The Colorado Oil and Gas Conservation Commission (COGCC) regulates the oil and gas industry and requires that all oil and natural gas producers disclose the chemicals and amount of water used in the process to FracFocus, a free, publicly access ... Read More »
Statement from the Colorado Oil & Gas Association on Alleged Findings in CU School of Public Health Study:
“This is a very serious allegation. If you recall, Lisa McKenzie’s last major study in 2014 was disavowed by state health officials and in fact the state’s top health official went so far as to say the public could be “misled” by it. University researchers shouldn’t be in the game of scaring people just to secure additional funding. Still, public health is obviously of great concern to our industry and we will review her data immediately. We also look forward to the state’s review of the study.”
*New* Stateme ...
Colorado has always been a leader when it comes to oil and gas development–from its regulations and technology, its economic impact, and even to its history. The first oil well drilled west of the Mississippi was during the 1860s in our own Florence, Colorado, which gives our great state an over 150-year history in developing its oil and gas resources. The Florence oil field is the second oldest commercial oil field in the United States. Located along the steel rails of the Denver and Rio Grande Western railroad, success in Florence spurred the search for oil in the West and established an industry that would evolve into a critical pillar o ... Read More »
The oil and gas industry, along with nearly all extraction industries, inherently provides substantial economic benefits due to its integrated supply chain, high wage jobs, and propensity to sell nationally and globally. Much of Colorado’s oil and gas is sold outside of the state, contributing wealth to owners, employees, governments, and schools, all of which are beneficiaries of oil and gas revenues. In 2014, Colorado’s upstream and midstream oil and gas industry includes drilling, extraction, support activities, pipeline construction, and pipeline transportation. The industry recorded $15.8 billion in production value, accounting for 3 ... Read More »
The State of Colorado is a national leader in its commitment to fostering safe and responsible development of Colorado’s oil and gas resources. Over the last 6 years Colorado has implemented precedent setting regulations from baseline groundwater testing and monitoring to air regulations targeting methane leak detection and repair. This regulatory timeline provides summary information on significant legislative and regulatory efforts affecting Colorado’s oil and gas industry from 2010 to 2016.