Adams County on Sept. 3 became the first in Colorado to adopt new oil and gas regulations since the state passed a law that bolstered local control over fossil fuel development.
New oil and gas development must not occur closer than 1,000 ft from occupied buildings and residences, double the current limit, commissioners ruled unanimously on Sept. 3. Operators can request exemptions, which would require a public hearing.
Colorado Gov. Jared Polis, a Democrat, in April signed Senate Bill 181 into law, allowing communities greater control over oil and gas activities. The law also placed a priority on public safety over oil and gas development.
“Colorado Oil And Gas: Battleground State” featured in the April 2019 issue of Oil and Gas Investor
The Colorado Oil and Gas Association (COGA) called Adams County's new regulations "unreasonable" and said they would hurt the more than 5,000 families there that depend on oil and gas development.
Last year the county, which is northeast of Denver, produced 3.6 million barrels of oil, about 2.23% of the 157.8 million barrels produced in nearby Weld County, according to the Colorado Oil and Gas Conservation Commission (COGCC).
Privately owned Great Western Petroleum LLC is the largest producer in Adams County, with output totaling 1.28 million barrels of oil for the first five months of this year.
Extraction Oil and Gas Inc., Petroshare Corp. and Burlington Resources Oil and Gas Co. LP, a subsidiary of ConocoPhillips Co., are also leading producers in the county, according to COGCC data.
Energy infrastructure on the U.S. Gulf Coast was hit hard by Tropical Storm Imelda on Sept 19, as flooding forced a major refinery, a key oil pipeline, terminals and a ship channel in Texas to shut, according to sources familiar with operations.
Talos Energy Inc. has entered into two separate agreements on Sept. 19 with BP Plc and Exxon Mobil Corp. related to new exploration opportunities in the U.S. Gulf of Mexico (GoM).
The ANH debuted the blocks, which are located throughout the Andean country but concentrated near its northern Caribbean coast and in its eastern plains, during a private event with oil companies on Sept. 17.