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Task Force set to meet Monday

As the Colorado Oil and Gas Task Force prepares for its next meeting early next week, families throughout the state brace for more and more nearby oil and gas development. Though the task force was established last summer to address issues such as noise and air pollution, the task force’s meetings have so far been mostly information-gathering sessions. In an ...

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Year end unemployment numbers show rapid growth in 2014; oil prices cause hazy future

jobs or job concept with business folder in office showing earnings concept

The Colorado unemployment rate dropped slightly to 4.0 percent in December while Weld County’s unemployment remained steady at 3.9 percent, according to state numbers released Tuesday. The last time the Colorado unemployment rate was this low was October 2007, said Alexandra Hall, chief economist with the state Department of Labor and Employment. In November, the state rate was 4.1 percent; ...

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COGCC has a plan for future earthquakes

After two small earthquakes last year, the Colorado Oil and Gas Conservation Commission used a “stoplight” risk management plan to prevent or control future quakes. Two small earthquakes in the same Weld County location, on May 31 and June 23, were likely caused by a nearby injection well, but the COGCC said NGL Water Solutions was not in violation of ...

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API announces new Colorado office

The American Petroleum Institute made an announcement today regarding the establishment of its Colorado Petroleum Council. The new office will focus on energy priorities in the state, including hydraulic fracturing, job creation and energy infrastructure. In addition to the announcement of the new Colorado office, API has also hired Tracee Bentley to lead its new office as executive director. Bentley ...

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Wyoming challenges trade secret ‘loophole’

bottles

When Wayne Lax first moved to Laramie County, the landscape and 10-minute bike ride to work quickly made his half-acre property feel like home. “I love where I live,” said Lax, who’s lived just outside of Cheyenne since 2000. “We can see the Rocky Mountains— it’s the most beautiful land I could ever imagine.” Though Lax appreciates the mountains and ...

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EVRAZ is laying off 200

job cuts

The downturn in U.S. oil drilling will prompt EVRAZ to lay off up to 200 workers at its Pueblo steel mill starting Sunday, the company announced Wednesday. Seamless pipe used in the oil field industry is among the three main products made at the 1,000-plus worker plant. The others are rail and rod-and-bar. It is the second largest layoff announcement ...

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Anadarko OK’d for Wyoming environmental assessment

A month-long public comment period opened Tuesday for Converse County regarding an environmental assessment (EA) for oil and gas propositions, according an Oil City article. The Bureau of Land Management Casper Field Office will conduct the EA concerning Anadarko Petroleum’s proposition to explore and possibly develop oil and gas possibilities in a 19,000-acre area of land 15 miles east of ...

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Erie strikes down fracking ban

Oil and gas companies Anadarko Petroleum Corp. and Encana Corp. are now free to seek operation permits in the city of Erie, according to a Denver Business Journal report. The city’s board of trustees struck down an oil and gas moratorium on Tuesday. Mayor Trina Harris encouraged further negotiation between the city’s staff and the corporations regarding new Memorandums of ...

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Severance taxes disperse in Colorado

Severance taxes and energy royalties will provide more than $150.6 million for projects in Colorado, according to a recent Colorado Biz Journal article. Gov. John Hickenlooper announced Monday that $150,632,084 in grants will be awarded to 549 projects throughout the state. The funding, which was provided by the Energy and Mineral Impact Assistance Fund, comes from fees oil and gas companies ...

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