The Colorado Oil and Gas association (COGA) along with members of the Oil and Gas community responded to the Colorado Floods today. Below is an excerpt from a statement released by COGA on their website:
“At the beginning of this week, 1976 wells were shut in, as reported to us from the major operators in the area. Today that number has dipped to 1679, and 297 wells are back in production.
From the information available at this time, no rigs have been impacted during flood operations. In addition, no hydraulic fracturing operations were being conducted at the time of the flooding. This means no fracking fluids, no chemicals associated with fracking, nor equipment were on sites at the time of the flooding.
Average production in the DJ Basin (Adams, Arapahoe, Boulder, Broomfield, Elbert, Larimer, Lincoln, Logan, Morgan, Washington, and Weld counties) over the first 5 months of 2013 totaled 4.03 million barrels of oil per month. This equates to 134,333 barrels per day of production.
As of noon today, the COGCC released a statement saying they are tracking 10 oil releases. Two of those are notable; the remaining eight appear to be minor. One of those notable releases is the 125 barrels from an Anadarko storage tank south of Milliken. The second is an Anadarko storage tank that has released 323 barrels (13,566 gallons), which occurred north of Firestone on the St. Vrain River.”