Southwestern Energy announces multimillion-dollar deal to purchase mineral leases in Moffat and Routt counties
Southwestern Energy announced Wednesday that it had signed an agreement to purchase 312,000 net acres in Moffat and Routt counties for $180 million, according to a press release.
All three Routt County commissioners signed a letter to the Colorado Air Quality Control Commission indicating their support for statewide application of the new rules requiring capture of poisonous gases emitted in oil and gas fields.
Shell Oil has applied to Routt County for drilling permits for a well at Dill Gulch southwest of Hayden and another about 5 miles north of town.
Citizens Supporting Property Rights asserts there is a way to put in adequate protections for sage grouse while allowing for future oil and gas development.
Shell isn’t alone among energy companies looking for surer bets amid falling prices and a more difficult production climate.
Ecologist Charles A. S. Hall told an overflow crowd at Bud Werner Memorial Library on Tuesday night that if the modern denizens of the high plains understood their relationship to fossil fuels the way the Sioux Indians of the 18th century understood bison, they surely would behave differently.
Shell Oil's Steve Compton told the Routt County Board of Commissioners that Shell intends to go beyond state regulations to sample more wells than required and return more frequently than required to sample the wells after drilling is completed.
Shell has proposed to go beyond the newest water well monitoring requirements imposed by the State of Colorado for new oil wells at Camilletti pad, and unlike Quicksilver, does not plan to frack the well.
The Routt County Board of Commissioners voted unanimously Tuesday to approve a permit that would allow drilling of the new Wiregrass oil well in far northwestern Routt County.
Shell Oil informed officials in Routt and Moffat counties late last week it wants to soon sell off the leases it holds in the Niobrara Shale formation here to focus on its more productive operations.
More than 1 million people and a half-million homes are located in Colorado’s high fire danger red zones.
Fortunately for road warriors, the latest oil price forecasts indicate that gasoline prices are poised to fall starting in July and will continue to drop throughout the next several years.
Routt County Environmental Health Director Mike Zopf said he would make a 2013 budget request that the county seek a cost-share with the city of Steamboat Springs for an ozone monitoring program. The program is estimated to cost $175,000 for three years.
The government unveiled its latest version of hotly fought rules for fracking on federal land — 440 million acres nationwide, 20 million in Colorado — trying to protect mountains, forests and prairies from the downside of drilling.
Shell Oil’s Matt Holman, a senior geologist and project manager in this region, said Wednesday that his company does not intend to use hydraulic fracturing at the Camilletti well north of Milner.