​Sweeping legislative and regulatory changes between 2018 and 2020 have added more than $200 million in new, annual costs to doing business in Colorado for oil and natural gas companies.  

​The total and individual amounts are taken from state analysis. That analysis is not comprehensive. It does not include new operational costs for which no analysis was conducted, and it does not account for rule changes where no associated economic analysis or cost-benefit analysis was performed. With that in mind, the total is a conservative number with additional, annual operational costs being much higher.

Colorado’s oil and natural gas industry is one of the state’s largest taxpayers.  It also adheres to a system that is unlike any other energy tax framework in the country, making state-to-state comparisons incredibly difficult, if not impossible.  

Corporate and social responsibility is not a new concept, but oil and natural gas companies are working hard to impact every corner of the state and foster positive societal and community investment.  

Updated - 7.16.20

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 past nine years Colorado has implemented precedent-setting regulations from baseline groundwater testing and monitoring to air regulations targeting methane leak detection and repair.