Colorado oil and gas companies said a 2019 state law would destroy them. That didn’t happen. But here’s what did.
Colorado oil and gas regulators applying the new rules set by Senate Bill 181 have plans for 1,900 wells to consider so far this year, some are already approved. The demise of the oil and gas industry in Colorado — predicted after the passage of legislation and regulations focused on protecting public health, safety and the environment — does not appear to be imminent. Plans for nearly 1,900 new oil and gas wells are before the Colorado Oil and Gas Conservation Commission in 2022 — some already approved and others in various states of review. July 6, 2022.