Oil and Gas Development
Fort Collins Field Sold
On October 1, 2013 an affiliate of Memorial Resource Development, Memorial Production Partners LP, acquired Prospect Energy. Prospect Energy had been owned by Black Diamond Minerals, a subsidiary of Memorial Resource Development's since 2009.
This sale included all Prospect Energy's holdings in the Fort Collins Field (NE Fort Collins to Wellington). Black Diamond Minerals (BDM), the previous parent company of Prospect Energy, will retain control the Undeveloped Acreage (UDA).
Memorial Production Partners, a publicly traded master limited partnership, is listed on the NASDAQ under the stock symbol MEMP. Memorial Production Partners LP has expressed its intent to maintain or exceed the high operational standard set in the past by Prospect Energy.
Memorial Production Partners' operational hotline: 1-855-497-8354 or email
For more information, visit www.memorialpp.com.
- October 1 – City Council adopts resolution Resolution 2013-085 Urging the Registered Electors of the City to Vote Against a Proposed Moratorium on Hydraulic Fracturing and the Storage of its Waste Products Within the City of Fort Collins or under its Jurisdiction at the November 5 Special Election. October 1 item – Resolution 85 (PDF)
- August 20 – City Council places a citizen initiative seeking to implement a 5-year moratorium on all hydraulic fracturing in Fort Collins onto the November 5 ballot. August 20 - Resolution 33 (PDF)
- August 20 – City Council adopts reciprocal setback notice requirement to property owners within 1,000ft of existing oil and gas operations. Notice will be included on land plat, a public record.
- July 16 – City Council declined to extend an existing moratorium on accepting oil and gas permits. The ban on hydraulic fracturing treatments and the storage of hydraulic fracturing chemicals continues. Operators must agree to an Operator Agreement with the City to be excluded from the ban.
- May 29 – Fort Collins and Prospect Energy executed an Operator Agreement governing the Fort Collins Field and Undeveloped Acreage (UDA) west of Anheuser-Busch. Operator Agreement (PDF)
- March 5 - City Council adopted a ban on hydraulic fracturing and the storage of hydraulic fracturing chemicals within the City of Fort Collins. City Council also adopted a resolution directing staff to take specific steps in support of the City of Longmont in their lawsuit against the State of Colorado. Read the agenda item.
- December 18 - City Council approved a 7-month moratorium on new oil and gas permits in Fort Collins and on land owned by the City outside the incorporated limits that will extend from December 28, 2012 until July 31, 2013. Read the agenda item.
May 8 Oil and Gas Meeting
The May 8 informational meeting featured tabletop displays created by City staff and a brief presentation of the status of the Operator Agreement with Prospect Energy and background on the Fort Collins Field and undeveloped acreage (UDA). Displays include air quality, wastewater and water quality, emergency preparedness and an overview of the proposed development review process.
- Oil and Gas Presentation (PDF)
- Water Management Poster (JPG)
- Air Quality Poster (JPG)
- Emergency Management Poster (JPG)
- Oil and Gas Review Process (PDF)
Questions and comments received from attendees at the May 8 Oil and Gas Information Meeting. The questions and answers are reported as a verbatim accounting of the meeting. Staff has added (and noted) editors notes for context or additional information. For more information, please contact Dan Weinheimer at 970-416-2253 or via email at .
These are the responses to all questions received by May 7, 2013. If we have missed your question or you would like additional clarification on a question we’ve responded to, please do not hesitate to contact us. For more information, please contact Dan Weinheimer at 970-416-2253 or via email at
The City of Fort Collins is in the process of reviewing and updating its land use regulations concerning oil and gas exploration and developing options for mitigating impacts upon the community within the City’s Growth Management Area. This is a complex and controversial issue that will require involvement and input from Fort Collins residents, the Colorado Oil and Gas Conservation Commission (COGCC), oil and gas industry representatives, and interested stakeholders including homeowners, environmental groups, and others.
The City’s goal is to develop strategy and tools that best reflect Fort Collins’ community values. In order to accomplish the best outcome, staff will engage residents through an extensive public engagement process, as well as work with any current operators in the City and with the COGCC. Staff will also utilize resources available through Colorado State University and research other Colorado community efforts to understand lessons they have learned.
Process And Timeline
Fort Collins City Council has adopted a 7-month moratorium on accepting new oil and gas permits ending July 31, 2013.
- City staff is developing land use regulations
- City staff and Prospect Energy are developing an Operator Agreement to allow continued use of the company’s existing wells and well pads.
Oil and Gas Information and Resources
Oil and gas drilling and production is a broad and complex issue. Below are a few resources that may be useful:
- Oil and gas development in Colorado is regulated primarily by the Colorado Oil and Gas Conservation Commission (COGCC). Visit their website and click on the GENERAL tab located on the left side of the screen to review a list of “Typically asked Questions."
- National Geographic offers an interactive presentation on the hydraulic fracturing process.
- In 2004, the EPA provided a technical study entitled Evaluation of Impacts to Underground Sources of Drinking Water by Hydraulic Fracturing of Coalbed Methane Reservoirs Study on the impacts to drinking water wells from hydraulic fracturing.
- The State of Colorado Department of Natural Resources' Division of Wildlife is working with the oil and gas industry to protect wildlife and mitigate the impacts of oil and gas drilling.
- The United States Geological Society (USGS) has published information regarding the technically recoverable oil and gas resources in the Denver Basin Province entitled Gas, Oil, and Water Production from Wattenberg Field in the Denver Basin, Colorado (PDF)
- Colorado Oil and Gas Conservation Commission (COGCC) created an information page because of the public’s interest in and concern about the potential impacts of fracking on public health and the environment, including surface and ground water resources.