Colorado Gas Storage and Secondary Recovery Unit Agreement

State:
Multi-State
Control #:
US-OG-774
Format:
Word; 
Rich Text
Instant download

Description

This form is used for the purposes of more effectively developing, producing, and operating the Unit Area in order to prevent surface and underground waste, and obtain the greatest ultimate recovery of production of oil and gas, promote conservation, and to afford each of the Parties the right to recover their fair and equitable share of the production to be obtained from the Unit Area, or to receive the attributable proceeds of such production.

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FAQ

The setback rule requires that drilling generally stay at least 2000 feet from homes.

The oil and methane gas industry is one of the biggest contributors to smog in Colorado. Ozone pollution is linked to human health problems like asthma attacks and can cause premature death.

§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 ...

§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 ...

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.

What is the average depth an oil or gas well is drilled in Colorado? 6,846 feet is the average depth of a well in Colorado.

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Colorado Gas Storage and Secondary Recovery Unit Agreement