U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Colorado
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 11-15-2011, 07:15 PM
 
Location: Colorado Springs, CO
2,139 posts, read 5,486,092 times
Reputation: 945

Advertisements

It is scary.
Reply With Quote Quick reply to this message

 
Old 11-15-2011, 10:16 PM
 
Location: Na'alehu Hawaii/Buena Vista Colorado
4,624 posts, read 9,115,168 times
Reputation: 4502
The Wattenberg Field has been a known source of oil for many, many years. There are already hundreds of pumpers scattered around Weld County. There are dozens and dozens of subdivisions which are built around oil pumpers.
Reply With Quote Quick reply to this message
 
Old 11-16-2011, 02:47 PM
 
20,308 posts, read 37,804,669 times
Reputation: 18087
So, what does all the new well activity mean for Colorado?

- Increased receipts from the Severance Tax. Should we raise it to have parity with the WY severance tax? I say yes.

- Increased business activity in the region, especially in supporting areas of food, clothing, housing, and related living expenses.

- Jobs. It remains to be seen if locals grow into those jobs or the workers come in from out of state.

- Heavy truck traffic will increase, but it may not be all that much, time will tell. This could increase highway maintenance costs.

What did I overlook?
__________________
- Please follow our TOS.
- Any Questions about City-Data? See the FAQ list.
- Want some detailed instructions on using the site? See The Guide for plain english explanation.
- Realtors are welcome here but do see our Realtor Advice to avoid infractions.
- Thank you and enjoy City-Data.
Reply With Quote Quick reply to this message
 
Old 11-16-2011, 02:51 PM
 
874 posts, read 923,837 times
Reputation: 1013
^Likely incentive for both oil/natural gas operators, and service companies (i.e. engineering services) to shift additional operations to the state. These guys would more than likely set up shop in the Denver Metro Area and would provide a good boon to the professional sector.

Denver is also close to fields in Wyoming and the Dakotas and with the attractiveness of the area, and good transportation connections, this could be a redux of the early 1980's oil and gas boom for Denver. Hopefully, minus the bust.

Hell, maybe we'll get a few new towers DT.
Reply With Quote Quick reply to this message
 
Old 11-16-2011, 02:59 PM
 
20,308 posts, read 37,804,669 times
Reputation: 18087
Quote:
Originally Posted by wong21fr View Post
^Likely incentive for both oil/natural gas operators, and service companies (i.e. engineering services) to shift additional operations to the state. These guys would more than likely set up shop in the Denver Metro Area and would provide a good boon to the professional sector.

Denver is also close to fields in Wyoming and the Dakotas and with the attractiveness of the area, and good transportation connections, this could be a redux of the early 1980's oil and gas boom for Denver. Hopefully, minus the bust.

Hell, maybe we'll get a few new towers DT.
Agree. Seen a number of people starting threads on here in the last few months about coming to various cities for oil-related jobs.

Might even be something in it for the COLO School of Mines in Golden.

Hopefully it's a big win-win for all of the region and the oil firms, several of which I own tiny amounts of their stock.

I just hope they don't leave behind a huge environmental mess.
__________________
- Please follow our TOS.
- Any Questions about City-Data? See the FAQ list.
- Want some detailed instructions on using the site? See The Guide for plain english explanation.
- Realtors are welcome here but do see our Realtor Advice to avoid infractions.
- Thank you and enjoy City-Data.
Reply With Quote Quick reply to this message
 
Old 11-16-2011, 03:56 PM
 
20,308 posts, read 37,804,669 times
Reputation: 18087
It wouldn't hurt if we had a GOOD thread on solar in Colorado, where I could maybe move some of these posts, or older posts as well, as we always seem to head down this path when the topic of oil comes up.

Now, back to OIL in Colorado.

In addition to the oil on the east slope, there's all that shale oil on the west slope, but it needs a lot of water to process, which we do not really have. Jazzlover has written a number of posts on that old story of west slope boom and bust, mostly bust.

I'm looking forward to increased business activity for the front range, something to energize the state economy.
__________________
- Please follow our TOS.
- Any Questions about City-Data? See the FAQ list.
- Want some detailed instructions on using the site? See The Guide for plain english explanation.
- Realtors are welcome here but do see our Realtor Advice to avoid infractions.
- Thank you and enjoy City-Data.
Reply With Quote Quick reply to this message
 
Old 11-16-2011, 04:08 PM
 
1,742 posts, read 2,619,808 times
Reputation: 1923
I'd like to see Denver turn into another Calgary. Unemployment rate in Alberta is only 5.1%. RP
Reply With Quote Quick reply to this message
 
Old 11-16-2011, 04:14 PM
 
Location: Pueblo - Colorado's Second City
12,102 posts, read 20,355,007 times
Reputation: 4131
If there is oil fields in northern Colorado what are the chances that the oil fields in El Paso county are much larger then they anticipate? Maybe this state has a lot more oil then anyone realizes.
Reply With Quote Quick reply to this message
 
Old 11-16-2011, 04:45 PM
 
Location: CO
2,533 posts, read 5,819,244 times
Reputation: 3295
Quote:
Originally Posted by proveick View Post
I hope the state develops this significant find. Would be GREAT for our economy.

RP
What am I missing here - as far as I know, this is not a new discovery.

See, for example, this 1999 article, that talks about the activity that started in 1970.

WATTENBERG FIELD, DENVER BASIN, COLORADO

Quote:
INTRODUCTION
. . .
The most important mineral activity in Colorado during the past decade has been the discovery and development of petroleum fields over an area of 1 million acres in the deeper portion of the Denver basin . . .The activity first started in 1970 in the Wattenberg gas field with drilling to the J (Muddy) Sandstone at depths of 7,600 to 8,400 ft (2,300 to 2,500 m). . .
In 1981 and 1982, more than 100 petroleum discoveries were made in the Codell Sandstone within the producing areas of the Wattenberg field and also along the north and west margins . . . In early development at Wattenberg, the Codell was overlooked as a reservoir and bypassed in drilling and completion . . ..
Reply With Quote Quick reply to this message
 
Old 11-16-2011, 08:21 PM
 
9,816 posts, read 19,023,867 times
Reputation: 7537
We have an oil thread and the Solar Swingers turn up as they always do. Solar might work in some applications but it has a long way from the big time in terms of being reliable and cost effective. People say in some year soon that it will be so cheap and easy, well CHECK BACK WHEN THAT ACTUALLY HAPPENS.

Colorado has a wealth of oil and I say Drill Here, Drill Now. I'd rather pay for Colorado oil products than send the money to a thugocracy like iran or venezuela.

There is still tons of shale oil out on the western slope and who knows how many more undiscovered or untapped fields there are out there.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Colorado
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top