Join our newsletter and get a free copy of "Maximizing Your Minerals"

Discover how you can:

  • Negotiate the best lease for your minerals
  • Understand how the oil companies work
  • Prevent costly mistakes

*Your information will not be shared with others.

Colorado’s Setback Rule is a Game Changer

by Elizabeth Alford on August 15, 2016

Newly appointed members to the Colorado Oil and Gas Conservation Commission (COGCC) are coming in just as the state faces its biggest battle yet to maintain control over oil and gas activity.

Related: Colorado Activists Push Anti-Fracking Ballot Initiatives

Last week, Colorado Gov. John Hickenlooper appointed three new members to the COGCC; Ashley Lowe of Durango, Colorado, Kent Jolley of Glenwood Springs, Colorado, and Winston Perry Pearce of Denver, Colorado. These members resume their duties immediately and will serve until expire July 1, 2020.

The COGCC’s mission is the state’s regulatory body and is responsible for fostering responsible development of Colorado’s oil and gas natural resources, which has gotten tougher as environmentalists wage war on the oil and gas activity throughout the state.

The most recent assault on the industry is the attempt to add two ballot initiatives (#78) to November’s election that would shift control back to local governments and add a buffer zone 2,500 feet around occupied buildings and in open public spaces. Currently the signatures are still being verified, but if these initiatives make it on the ballot and are passed, it would virtually void the need for the COGCC to make and enforce rules.

In May, the COGCC issued a report that outlines the impact of ballot initiative #78. The setback rule alone would make approximately 90% of surface acreage in Colorado unavailable for future oil and gas development or hydraulic fracturing. This report doesn’t attempt to directly analyze the economic impact ot which mineral development would be impacted by the decrease in surface acreage available for new oil and gas development facilities,

85% of surface acreage in Weld County, the state’s largest oil and gas producing county, would be unavailable for new oil and gas development facilities or hydraulic fracturing operations. 

Read the full report here

Previous post:

Next post: