Colorado

Colorado Governor Cites ‘Ambitious’ Strategy Targeting More Natural Gas, Oil Emissions

Colorado Governor Cites ‘Ambitious’ Strategy Targeting More Natural Gas, Oil Emissions

Colorado’s Democratic Gov. Jared Polis signaled during his recent state of the state address that his administration would continue its work to meet stringent emissions reduction targets. Some governors are sharing some of their energy strategies in the annual state addresses. Polis, whose state includes the prolific Denver-Julesburg Basin and Niobrara formation, oversees one of…

January 22, 2024
‘No Significant Impact’ in Pausing Natural Gas, Oil Activity on Colorado’s Thompson Divide, Say Feds

‘No Significant Impact’ in Pausing Natural Gas, Oil Activity on Colorado’s Thompson Divide, Say Feds

A multi-year effort to pause oil and natural gas development across a portion of Colorado’s Western Slope may soon be finalized, according to federal officials. A draft environmental assessment (DEA) issued in December by the U.S. Forest Service (USFS) found there would be “no significant impact” if federal mineral leasing was withdrawn for 20 years…

January 5, 2024
Colorado OKs Natural Gas, Oil Methane Emissions Rules

Colorado OKs Natural Gas, Oil Methane Emissions Rules

Colorado regulators have unanimously approved natural gas and oil emissions standards, increasing oversight on the state’s exploration and production (E&P) companies. The Colorado Air Quality Control Commission (AQCC) rules define how E&Ps will calculate greenhouse gas intensity and how to monitor operations. The rules are expected to provide an accurate ratio of a facility’s emissions…

July 31, 2023
Chevron Says ‘On Track’ to Hit Permian Guidance Following Record 2Q

Chevron Says ‘On Track’ to Hit Permian Guidance Following Record 2Q

Chevron Corp.’s legacy Permian Basin operations recorded an 11% jump in oil and gas output in the second quarter from a year ago, a new quarterly record, the supermajor said. In a preview of second quarter results, which are scheduled to be issued Friday (July 28), the San Ramon, CA-based producer said Permian output rose…

July 24, 2023
How Best to Incentivize Decarbonization? Use All-of-the-Above, Says RNG Coalition Exec

How Best to Incentivize Decarbonization? Use All-of-the-Above, Says RNG Coalition Exec

States that want to effectively adopt rules to encourage industry to reduce carbon emissions would fare well by adopting a holistic approach, according to an executive with the Coalition for Renewable Natural Gas.  NGI’s Leticia Gonzales, Price and Markets Editor, recently shared a microphone with Dana Adams, the legislative policy manager for the Coalition for…

July 12, 2023
Colorado’s Natural Gas Pipelines Fail to Meet Regulatory Safety Requirements

Colorado’s Natural Gas Pipelines Fail to Meet Regulatory Safety Requirements

Colorado failed to follow regulator requirements for natural gas pipeline safety between 2017 and 2022, according to the State Auditor. “Overall, we found that the program has not consistently complied with federal and state requirements for conducting operator inspections and documenting the results,” the Office of the State Auditor reported last month.  Several key issues…

June 20, 2023
Colorado Expands Natural Gas, Oil Regulatory Body to Oversee Alternative Energies

Colorado Expands Natural Gas, Oil Regulatory Body to Oversee Alternative Energies

Colorado Gov. Jared Polis earlier this week (May 22) stamped a slew of legislation that aims to propel the state toward its target of 100% renewable energy by 2040, including a bill rebranding and expanding oversight for the Colorado Oil & Gas Conservation Commission (COGCC). State Senate Bill (SB) 23-285, aka Energy & Carbon Management…

May 24, 2023
Colorado Becoming ‘Top 5’ Global Natural Gas, Oil Target with PDC, Says Chevron CEO

Colorado Becoming ‘Top 5’ Global Natural Gas, Oil Target with PDC, Says Chevron CEO

In a stealth move Monday, Chevron Corp. snapped up Denver-based independent PDC Energy Inc., a transaction that builds the Permian Basin inventory and adds enough heft in Colorado to become a “Top Five” global asset. Chevron CEO Mike Wirth led a conference call early Monday to discuss the all-stock deal, valued at $6.3 billion, or…

May 22, 2023
Natural Gas, Oil Permitting Slump in April, with Haynesville and Marcellus Notably Lower

Natural Gas, Oil Permitting Slump in April, with Haynesville and Marcellus Notably Lower

Natural gas and oil permitting dipped sharply in April from a month earlier, with double-digit losses nearly across the board, according to Evercore ISI. The energy analysts at Evercore, led by James West, every month compile permit data from state and federal officials to determine the direction of U.S. drilling. Once an onshore permit is…

May 17, 2023
Black Hills, NW Natural Advancing RNG Supply, with More to Come

Black Hills, NW Natural Advancing RNG Supply, with More to Come

From the Midwest to the Pacific Coast, investor-owned utilities Black Hills Corp. and NW Natural have shored up renewable natural gas (RNG) and investments in the biofuel over the first three months of the year. Days before hosting the first quarter conference call, NW Natural Holdings Co. CEO David Anderson said the company opened its…

May 10, 2023
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