Home / Tag Archives: DJ Basin (page 2)

Tag Archives: DJ Basin

Antifracking groups hold rally ahead of Colo. Supreme Court arguments

Holding signs with messages such as “Don’t frack with our air” and “Frack off,” 55 members of environmental groups that support Longmont’s and Fort Collins’ efforts to limit fracking within city limits rallied outside the Colorado Supreme Court on Wednesday ahead of oral arguments in the cities’ ongoing legal cases. Leaders from The Sierra Club; Food and Water Watch; Earthworks; ...

Read More »

Third Colorado oil, gas rule-making meeting yields more complaints of finer points

Pumpjack operating in the niobrara shale located in Colorado

DENVER –– Three days of public hearings may result in a changed proposal before the Colorado Oil and Gas Conservation Commission come January. The commission has been considering new rules recommended by the Governor’s Oil and Gas Task Force, one which asked the commission to require oil and gas operators to consult local governments when siting large-scale facilities in increasingly ...

Read More »

Denver-based Whiting Petroleum sees second employee charged with racketeering, fraud

idea of punishment for financial fraud, an employee of Whiting petroleum was recently charged with racketing and fraud charges

A former Whiting Petroleum Corp. employee was arrested last month in North Dakota on suspicion of violating the Colorado Organized Crime Control Act. James Bennett, 52, who was employed by Whiting as a construction supervisor, is charged in Weld District Court with one count of fraud against the Colorado Department of Revenue, one count of theft and seven counts of ...

Read More »

Wyoming Gov. Matt Mead wants to “borrow” state savings to balance budget

Wyoming governor matt mead discusses the state budget amidst the oil price slump

CHEYENNE — Faced with declining mineral revenues, Gov. Matt Mead wants to “borrow” state savings to help fund local governments, pay for building and road projects, and keep some state-funded programs running. Mead unveiled his budget recommendations for the upcoming 2017-18 biennium during a news conference Tuesday. The governor’s plan includes using nearly $450 million from the $1.8 billion Legislative ...

Read More »

2016 economic outlook shows growth but some sectors slowing

Storage tanks for crude oil in central Colorado, USA

While Colorado’s economic picture next year will be highlighted by continued job growth, Weld County could see some slight dips that could put some stress on employment, according to an annual business outlook published Monday by the University of Colorado Leeds School of Business. In the college’s annual business outlook, the 2016 state economy will slow somewhat, though there still ...

Read More »

Colorado’s fracking battle goes before state Supreme Court

In this file photograph taken Feb. 24, 2015, an activist waves a placard calling for the ban of fracking during a news conference outside the Colorado Convention Center in Denver as the Oil and Gas Task Force meets inside the facility to put the final touches on recommendations for Colorado Gov. John Hickenlooper to consider in the settlement of disputes over oil and gas well development. The Colorado Supreme Court will hear arguments Wednesday, Dec. 9, 2015, in a high-stakes battle over whether local governments can impose tougher rules on oil and gas producers than the state. (AP Photo/David Zalubowski, File) (David Zalubowski/AP)

DENVER — Colorado’s loud public battle over fracking goes before the state Supreme Court on Wednesday when the justices hear arguments about whether local governments can ban the technique. Fracking, or hydraulic fracturing, helped set off an energy boom in Colorado. It also stirred up a fight over the potential dangers to the environment, public health and property values. Two ...

Read More »

Amid gas bust, Wyoming approves tougher well bonding rules

A pump jack works to extract oil and gas from a well in Wyoming's Niobrara shale

CASPER, Wyo. — The Wyoming Oil and Gas Conservation Commission approved tougher bonding requirements for oil and gas wells Tuesday in response to a bust that has littered the Powder River Basin with thousands of abandoned coal-bed methane wells and left the state responsible for plugging and cleaning many of them. The rules include a couple suggestions from the petroleum ...

Read More »

Falling energy revenues drive Wyoming budget changes

CHEYENNE, Wyo. — Responding to falling energy revenues, Wyoming Gov. Matt Mead is proposing to reduce the rate at which the state puts money into permanent savings to free up funds for state projects. Mead released his proposed budget for the coming two-year funding cycle on Tuesday. He’s calling for a $3.4-billion general fund budget — down about $200 million ...

Read More »

Despite national oil slowdown, Weld County wells booming

GREELEY, Colo. — Despite a general slowdown in oil drilling across the Denver-Julesburg Basin and elsewhere, Weld County is on track to top 100 million barrels of oil this year. More than 89 percent of the state’s production this year is coming from Weld, The Greeley Tribune reported. That’s up from 85 percent last year. Industry analysts say operators are ...

Read More »