Colorado

The U.S. Supreme Court has rejected petitions by some of the biggest oil and gas producers in North America, which sought to move dozens of state lawsuits concerning climate change to federal court. However, the legal journey is set to continue, possibly for years. The high court on Monday denied a writ of certiorari sought…

Following a costly winter for Colorado’s natural gas utility customers, two state legislators are calling to limit investor-owned utilities (IOU) from recovering certain costs and mandating utilities better plan to protect against natural gas price volatility.  Democratic state Sens. Lisa Cutter (Jefferson) and Steve Fenberg (Boulder) earlier this month introduced Senate Bill (SB) 23-291. The…

Private exploration and production (E&P) operator Poco Holdco LLC received Project Canary’s highest possible environmental assessment rating for most of its Denver-Julesburg (DJ) Basin operations in Colorado.  The E&P, a branch of private energy investment and management company Providence Energy Ltd., clinched Denver-based Project Canary’s “Platinum” certification for 22 operated horizontal wells at two wellsites. …

The Colorado Public Utilities Commission (CPUC) doused its rules regulating natural gas utilities in red ink, adding requirements to reduce greenhouse gas (GHG) emissions and striking “natural” from natural gas. In what the Colorado Energy Office called a “key step” in achieving the state’s GHG Pollution Reduction Roadmap, the CPUC earlier this month finalized rules…

Denver-based independent PDC Energy Inc. said state regulators have unanimously approved a drilling plan in Weld County to include about 450 oil and natural gas wells. PDC’s Guanella Comprehensive Area Plan (CAP) in the Denver-Julesburg (DJ) Basin was given the green light earlier this month by the Colorado Oil and Gas Conservation Commission (COGCC). The…

Bolstered by activity gains in the Denver Julesburg (DJ)-Niobrara Basin, the U.S. rig count rose two units to reach 771 for the week ended Friday (Oct. 21), according to the latest tally from oilfield services provider Baker Hughes Co. (BKR). Net changes domestically included a two-rig increase in oil-directed drilling, with natural gas-directed drilling unchanged…

Denver-based independent PDC Energy Inc. has secured approval for its Kenosha Oil and Gas Development Plan (OGDP) in rural Weld County, CO. The OGDP entails 69 wells on three pads, management said. The approval by the Colorado Oil and Gas Commission “marks an important next step as PDC further increases its permitted inventory by another…

Black Hills Corp. is aiming to achieve a 90% reduction in greenhouse gas (GHG) emissions by 2030 based on 2005 levels as it aims to exceed Colorado’s requirements. Subsidiary Black Hills Energy submitted its 2030 Ready Plan to the Colorado Public Utilities Commission (PUC) at the end of May. The plan details how the company…

Denver-based independent PDC Energy Inc. has updated its 2022 production and spending guidance to the high side, citing year-to-date performance and the timing of closing its acquisition of Great Western Petroleum LLC. PDC snapped up Great Western, a privately held operator focused on Colorado’s Wattenberg field, in a $1.3 billion cash-and-stock deal announced in February.…