Tagged Colorado

USGS estimates Colorado’s Mancos shale to hold 66 tcf of gas

The Mancos shale of the Piceance basin in Colorado holds mean undiscovered, technically recoverable resources of 66 tcf of shale natural gas, 74 million bbl of shale oil, and 45 million bbl of NGLs, according to an updated assessment by the US Geological Survey. Read Full Article Here For more great articles: Oil & Gas…

COGCC outlines impacts if voters approve proposed mandatory setback

Ninety percent of Colorado’s surface acreage would be off-limits to future oil and gas development or hydraulic fracturing under a November ballot initiative that would establish a minimum 2,500 ft mandatory setback from any “occupied structure” or “area of special concern,” the Colorado Oil & Gas Conservation said in a May 27 report. Read Full…

New Methane Challenge Program in U.S. will Benefit NGV Sector

By NGV Global (Credit: Alfred Eustes, Colorado School of Mines) The U.S. Environmental Protection Agency (EPA) has launched a new voluntary partnership program that seeks to reduce methane emissions from the oil and gas sector. Simply because the proposed activity is focused higher up the supply chain that natural gas fuel for transportation, the anticipated…

New COGCC rules aim to increase community roles in oil, gas plans

The Colorado Oil & Gas Conservation Commission issued new rules aimed at enhancing local communities’ participation in locating and planning for future oil and gas operations. The rules require operators to notify local governments earlier when activity will be adjacent to communities, call for additional mitigation measures and best management Read Full Article Here For…

Laramie Energy to buy Piceance basin assets

Piceance Energy LLC, doing business as Laramie Energy Co. and financially backed by Par Pacific Holdings Inc., has agreed to acquire certain properties in the Piceance basin of Colorado for $157.5 million. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

CSU Report: Fracking is not Contaminating Colorado’s Water

Article Abstract: A new study, building on previous research, has led researchers at Colorado State University (CSU) to conclude that there is “no evidence of water-based contaminants seeping into drinking water wells atop a vast oil and gas field in northeastern Colorado.” The latest study published in Water Research, is the second in a series…

Escalera Resources Files Voluntary Bankruptcy Petition Under Chapter 11

Article Abstract: [Marketwired] – Escalera Resources Co. announced today that it filed a voluntary petition in the United States Bankruptcy Court for the District of Colorado seeking relief under the provisions of Chapter… from Yahoo! Finance: Independent Oil & Gas Industry News Click Here To Read Full Article Visit Yahoo! Finance: Independent Oil & Gas…