NARO Press Release: Mineral Owners’ Strong Turnout Imperative at Task Force Meeting

National Association of Royalty Owners (NARO): Anti-oil and gas activists planning to show up in force to silence mineral/royalty owner’s voice

NARO_PRESS_TASK_FORCE

 

 

 

 

 

 

Governor’s Oil and Gas Task Force Meeting

October 9, 12:00 pm to 5:00 pm –  
Public comment: 5 PM to 7 PM-
October 10, 8:00 am – 12:00 pm  

Holiday Inn, Durango, CO
21636 Highway 160 West 
Durango, Colorado 81301
Hotel Front Desk: 970-385-6400 

It cannot be stressed enough that, “the mineral owner must not lose sight of the fact that the largest contribution of capital in the whole process comes from us the owners of the minerals…” stated Neil Ray, immediate past president of NARO Rockies. Continue reading “NARO Press Release: Mineral Owners’ Strong Turnout Imperative at Task Force Meeting” »

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Judge: Broomfield fracking ban doesn’t apply to a Denver oil and gas company

City_of_Broomfield_Logo – Reporter – Denver Business Journal

Broomfield’s ban on fracking doesn’t apply to Sovereign Operating Co., a Denver-based oil and gas company that had reached a “memorandum of understanding” with the city before voters in November 2013 narrowly approved a ban on the use of hydraulic fracturing within the town’s borders.

The Sept. 25 judicial decision was hailed by the Colorado Oil & Gas Association(COGA).

“This is yet another victory for certainty and clarity in the way Colorado regulates oil and gas operations,” said Tisha Schuller, COGA’s president.

“In just the last several months three previous rulings have found that fracking bans are on their face unlawful, and now another court has found that agreements between a city and a local operator prior to bans passing are binding,” Schuller said. Continue reading “Judge: Broomfield fracking ban doesn’t apply to a Denver oil and gas company” »

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Colorado oil and gas task force IDs legal, health issues as priorities

Colorado_State_SealBy Mark Jaffe – The Denver Post – September 25, 2014

The gubernatorial task force charged with reducing land-use and local-control conflicts over oil and gas drilling in Colorado identified health, technology and legal issues it wants to examine.

At their first meeting Thursday, panel members agreed that before moving forward, they need more information and must clearly define the problem.

“If we can’t agree on what the problems are, it will really be difficult to come to solutions,” said panel member Bruce Rau, chairman of the Colorado Association of Home Builders.

The charge for the 21-member panel — handpicked by Gov. John Hickenlooper — is to develop recommendations for balancing state and local control of oil and gas drilling that may be turned into legislation. Continue reading “Colorado oil and gas task force IDs legal, health issues as priorities” »

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PENN STATE: Residual hydraulic fracturing water not a risk to groundwater

Source: Denver Business Journal - Frack Fluids

Source: Denver Business Journal – Gelled “frack” fluid dangles in mid-air above a cup during a test that water temperature and sand-water-chemical mixtures are correct. The test is performed before and during every hydraulic fracturing job.

By Patricia Craig – September 10, 2014

UNVERSITY PARK, Pa. — Hydraulic fracturing — fracking or hydrofracturing — raises many concerns about potential environmental impacts, especially water contamination. Currently, data show that the majority of water injected into wells stays underground, triggering fears that it might find its way into groundwater. New research by a team of scientists should help allay those fears.

In a paper published in the current issue of the Journal of Unconventional Oil and Gas Resources, Terry Engelder, professor of geosciences, Penn State; Lawrence Cathles, professor of earth and atmospheric sciences, Cornell University; and Taras Bryndzia, geologist, Shell International Exploration and Production Inc., report that injected water that remains underground is sequestered in the rock formation and therefore does not pose a serious risk to water supplies. Continue reading “PENN STATE: Residual hydraulic fracturing water not a risk to groundwater” »

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PRESS RELEASE: NARO – Rockies Disappointed in Fort Collins City Council’s Vote to Appeal Judge’s Ruling to Overturn Energy Development Moratorium

NARO_Rockies_Logo_LargeFOR IMMEDIATE RELEASE – National Association of Royalty Owners -Rockies Disappointed in Fort Collins City Council’s Vote to Appeal Judge’s Ruling to Overturn Energy Development Moratorium 

Continued efforts to ban energy development are an affront to real property rights held by mineral owners in Fort Collins

DENVER (September 24, 2014) – Last night, Fort Collins City Council passed a resolution that directs the interim city attorney to appeal a ruling that overturned Fort Collins’ five-year moratorium on fracking. The resolution passed by a vote of six to one.  The National Association of Royalty Owners – Rockies Chapter questions the wisdom of the decision.

“We are disappointed that the Fort Collins City Council voted to continue on a path that seeks to prevent royalty interest owners and mineral owners from benefiting from their real property rights within the Fort Collins city limits,” said Michelle Smith, president of NARO-Rockies. “Not only are such bans on energy development unfair to mineral owners, but Colorado families rely upon local energy development for jobs, lower cost of living, and the taxes that fund roads, schools, and parks.” Continue reading “PRESS RELEASE: NARO – Rockies Disappointed in Fort Collins City Council’s Vote to Appeal Judge’s Ruling to Overturn Energy Development Moratorium” »

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Study finds no link between quakes and drilling, calls for more research near Bairoil

Drum recorders, like the ones pictured here, draw a seismogram on a piece of paper wrapped around a slowly revolving drum. - Image Source: USGS

Drum recorders, like the ones pictured here, draw a seismogram on a piece of paper wrapped around a slowly revolving drum. – Image Source: USGS

September 22, 2014

Supporting Info: The Lost Soldier and Wertz oil fields are in the Tensleep Sandstone near Baroil Wyoming.  The Tensleep sandstone is of Middle Pennsylvanian to Lower Permian age is composed of eolian and marine sediments deposited throughout central and north-central Wyoming. The Tensleep is one of the major hydrocarbon producers in Wyoming, particularly in the Bighorn basin.

CHEYENNE — A Wyoming State Geological Survey report finds no correlation in Wyoming between earthquakes and wells the petroleum industry and others use to inject substances underground, with one exception: Several small quakes have been occurring in and near a pair of remote oil fields.

More study is needed to determine if injection wells in the Lost Soldier and Wertz oil fields a few miles north of Bairoil, population 106, could have caused any of a dozen small quakes over the past 30 years, Wyoming State Geologist Tom Drean said Monday.

The area is naturally prone to earthquakes, he noted. Continue reading “Study finds no link between quakes and drilling, calls for more research near Bairoil” »

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Oil production in the Powder River Basin more than doubles in five years

Powder River Basin Map- Credit - Energy Information Agency

Powder River Basin Map- Credit – Energy Information Agency

By BENJAMIN STORROW Star-Tribune staff writer – September 16, 2014

Oil production in the Powder River Basin more than doubled over the past five years, the U.S. Energy Information Agency reported Monday, confirming a trend many observers had long suspected.

Output in the basin grew from 38,000 barrels per day in 2009 to 78,000 barrels per day during the first quarter of this year, EIA said.

“For Wyoming, it’s a big deal,” said state Oil and Gas Supervisor Mark Watson. “The whole state has been declining for 40 years, then you turn around and double production in five. If you double the production in five years, who knows what it will be in another five.”

The increase largely came from formations long drilled in Wyoming: the Turner, Frontier, Parkman, Sussex and Shannon.

But the recent advancements in horizontal drilling and complete technology, chief among them fracking, have reversed the declines those formations had been experiencing for years.

“I knew there was an increase, but I just didn’t know how much,” said Jimmy Goolsby, a geologist at Goolsby, Finley and Associates in Casper. “I would say it’s a pretty big bump.”

Continued expansion of the drilling boom will depend on oil prices, Watson and Goolsby agreed. Domestic oil prices have been in a protracted slide for three months, though they remain above $90 per barrel – a figure many economists reckon is still economical.

Continue reading story at The Casper Star Tribune

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Energy-rich Weld County leads the nation’s big counties for job gains

Weld County

Weld County

 – News Director-Denver Business Journal

Colorado’s Weld County, which has seen a recent surge in oil and gas development, enjoyed the biggest percentage job gain among 339 of the largest U.S. counties over the one-year period ending March 31, according to a federal report Thursday.

Two other Colorado counties were in the top 25 for job gains, and Denver County came in at No. 31. Continue reading “Energy-rich Weld County leads the nation’s big counties for job gains” »

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