We all know Colorado is a great place to live and do business, thanks to a wealth of high-tech companies, a diverse economy, and plenty of highly educated workers. That’s why it’s not too surprising to see five Front Range cities performing well in Forbes’ Best and Worst Places for Business 2014.
Scientists have linked earthquakes in Oklahoma with wastewater injection wells associated with the oil and gas industry, in a new paper published in the journal Science.
Four injection wells with a "high rate" of injection, meaning they accepted a large quantity of barrels of wastewater per month, likely caused 20 percent of earthquakes in that area from 2008-2013, the researchers said.
The Colorado Oil and Gas Conservation Commission has ordered a 20 day halt to wastewater injection at a well near the Greeley/Weld County airport. The order follows a second earthquake in the Greeley area, a 2.6 magnitude event June 23.
After a Noble Energy storage tank that spilled 178 barrels -- about 7,500 gallons -- of oil into the Poudre River was discovered June 20, questions arose about how vulnerable some oil and gas facilities are to flood damage.
The Colorado Oil and Gas Conservation Commission has estimated [.pdf] that "more than 5,900 oil and gas wells lie within 500 feet of a Colorado waterway that is substantial enough to be named."