Colorado Farmout - Horizontal Wells
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FAQ
Hydraulic fracturing has been a common technique in Colorado oil and gas extraction since the 1970s.
The Denver-Julesburg (DJ) Basin is a large geological formation in northeastern Colorado and southeastern Wyoming, extending into parts of Nebraska, South Dakota and Kansas. Containing vast amounts of natural gas and oil beneath its tight rocks, the basin continues to produce more than 70 years after its discovery.
In the past decade, as it has around the U.S., fracking has become a booming business in Colorado, with most of the wells being drilled in Weld County on the eastern slope near Greeley, and Garfield County on the western slope near Rifle.
The Wattenberg field is located in the Denver-Julesburg (DJ) Basin in northeast Colorado and covers approximately 81 townships (1.9 million acres). The field became active in 1970 with the discovery of the J Sandstone at a depth of ?8,000 ft, and has experienced several cycles of expansion and revitalization.
Water Use. ?Relatively speaking, a very small amount of water is used during oil and natural gas development. Hydraulic fracturing uses 0.1 percent of Colorado's total water use annually. Approximately 85 percent of the state's water is used by Colorado's important agriculture sector.
Ing to a 2015 NRDC report Colorado has less than 40 inspector for 52,198 active wells. In January 2013 the Colorado Oil and Gas Conservation Commission was set to begin a public debate over the future of fracking regulations in the state.
Fracking has been documented in more than 30 U.S. states and is particularly widespread in North Dakota, Pennsylvania and Texas. And it's expanding into new areas, making states like California, New Mexico and Nevada increasingly threatened by a potential fracking boom. 2.
As of the end of May 2019, Colorado had about 40,000 active oil and natural gas wells. More than one-third of those wells were located in Weld County, which stretches from the Denver metropolitan area to the Wyoming border.
