This form is used in the event any part to this Agreement elects not to participate in a Horizontal Exploratory Well, the non-participating party shall, on commencement of operations for the well, relinquish to the participating party one hundred percent (100%) of its rights, title, and interests in and to that portion of the Contract Area included within the Drilling Unit for the well and one hundred percent (100%) of the party’s rights, title, and interests in and to that portion of the Contract Area.
Colorado Relinquishment Provision - Horizontal Well
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Multi-State
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US-OG-718
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FAQ
The decision applies the commission's 2000-foot setback rule, which was adopted by Colorado in 2020 to help better protect homes and schools from oil and gas development. The setback rule requires that drilling generally stay at least 2000 feet from homes.
Colorado's first-in-the-nation regulations include groundwater testing and monitoring, setbacks from buildings, installing noise barriers during drilling operations, and re-routing or reducing truck traffic away from communities.
Domestic and Livestock Wells ? These types of well permits are issued on tracts of land of 35 acres or more where the proposed well will be the only well on the tract, or on tracts of land of less than 35 acres in limited areas of the state where the surface drainage system is not over-appropriated (see glossary term, ...
Rule 912 of the Oil and Gas Conservation Act (see page 183) to read: Rule 912 of the Oil and Gas Conservation Act addresses natural gas flaring and venting, prohibiting unnecessary or excessive venting or flaring from a well.
§34-60-106 ? The COGCC has the authority to regulate "Oil and gas operations so as to prevent and mitigate significant adverse environmental impacts on any air, water, soil, or biological resource resulting from oil and gas operations to the extent necessary to protect public health, safety, and welfare, including ...
As 23ABC has reported, the Oil Well Setbacks Bill, SB 1137, which aims to keep new oil wells 3,200 feet away from homes, schools, and parks is now on hold. This means it will now be up to voters to decide in 2024 whether the bill will go into effect again.
Domestic well is used if you have 35 or more acres to supply the property. With a domestic well, you can supply water to the property, animals or irrigate up to 1 acre of land for garden or lawn. This is a very desirable type of well to own. This is ?exempt? from the priority system of water rights in Colorado.
Household-use-only wells are typically on properties that are less than 35 acres in size. With this type of well, the water can only be used inside the home. No lawn watering, garden watering, or other outside use is permitted. Domestic use wells apply to more than 35 acres in size properties.
