The Department of Natural Resources’ Oil and Gas Conservation Commission has amended a rule regarding drilling in the Greater Wattenberg Area. On it’s own motion, the Commission will consider these proposed amendments designed to permit greater flexibility in the creation of wellbore spacing units for the purposes of drilling horizontal and infill wells in the area.
The proposed amendments are intended to reduce need for routine well location exception applications filed with and approved by the Commission. Such applications have increased significantly in recent months, due to ongoing oil and gas development activities in the Greater Wattenberg Area. The proposed amendments are intended to establish rules of general application across the area that will facilitate responsible, balanced oil and gas development in the area, with appropriate protections for surface owners and the environment.
A hearing on the proposed rules will be held on Monday, August 8, 2011 at 1120 Lincoln Street, Suite 801, The Chancery Building, Denver, Colorado 80203, beginning at 9:00 am.
Full text of the proposed rule and more details about the specific changes can be found here. Further information about the rule and hearing can be found here.
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