Oil and Natural Gas

Oil and natural gas have been part of Colorado’s history for over 150 years and is an important part of the state’s economy. Colorado is at the forefront of environmental regulation, developing and implementing some of the most stringent programs in the country.

Fast Facts: Water Use

Water is vital to all life and scarce in the West. Its use and management is critical to our industry stakeholders. The primary use for water in modern oil and gas development is in the drilling and completion phases. During drilling, water is used to cool the drill bit and provide a mechanism to bring drill cuttings to the surface. Water is also used for hydraulic fracturing, which pumps water down the wellbore under high pressure to create hairline fractures to release oil and gas. Read More »

Fact Sheet: Land Leasing

An oil and gas company must acquire the rights to extract oil and gas from a mineral owner before drilling a well. An oil and gas lease is both a conveyance and a contract. The lease is a conveyance because a mineral owner conveys to an oil and gas company the right to explore for and produce oil and gas. The lease is a contract because the oil and gas company accepts the right to explore for and produce oil and gas in exchange for certain obligations. For both parties, the lease is essential in communicating the lease terms, such as the length of time the lease is effective, the amount of royalty payments, and the rights ... Read More »

Fact Sheet: Clean Air Clean Jobs Act

The “Clean Air Clean Jobs Act” (CACJA) passed the Colorado General Assembly in the spring of 2010 with bi-partisan support in both the House and Senate and was signed into law by then-Governor Bill Ritter. An unprecedented, bipartisan coalition of natural gas producers, utilities, conservationists, local officials, and others supported the bill and continue to do so today. Read More »

Fast Facts: Clean Air Clean Jobs Act

The Colorado Clean Air, Clean Jobs Act (CACJA) was signed into law on April 19, 2010 providing a roadmap to reduce emissions from older coal-fired power plants. This significant legislation transcended traditional political party lines and received support from a broad spectrum of interest groups. This law was enacted in part, because Colorado is currently out of compliance with National Ambient Air Quality Standard for Ozone. The U.S. Environmental Protection Agency (EPA) has threatened to propose more stringent standards. Read More »

Coalition Letter: Groundwater Sampling and Monitoring Rules

The Colorado Oil and Gas Conservation Commission (COGCC) is conducting a rulemaking to evaluate the need for a statewide baseline groundwater testing program. Over the last decade, Colorado has implemented a number of successful basin-specific water testing programs that have built public confidence in industry’s ability to protect groundwater in conjunction with oil and gas drilling operations. Additionally, there is a statewide voluntary groundwater monitoring program that began in January of 2012 in which operators who drill over 93% of the wells drilled in Colorado participate. Read More »