Tag: ExxonMobil

The nonprofit Checks and Balances Project today released an analysis of the skyrocketing profits of the nation’s top five oil and gas companies in...

Colorado Rep. Diana DeGette’s bid to get full public disclosure of the chemicals used in the hydraulic fracturing of natural gas wells was withdrawn...

ExxonMobil’s acquisition of natural gas giant XTO Energy – the hot topic in the gas-field communities of Colorado’s Western Slope this week – has...

Impact fees assessed against equipment used by oil and gas companies in Rio Blanco County – most notably ExxonMobil – took a big hit...

Analysts are calling ExxonMobil’s $31 billion acquisition of natural-gas giant XTO Energy a much safer bet than a similar leap made by energy conglomerate...

Oil and gas companies fought the fees at every turn, in part leery of the precedent it might set not only for other gas-rich counties in Colorado, but also around the nation. The possibility of impact fees quickly became a campaign issue in neighboring Garfield County during the 2008 county commissioner election.

It’s a valid question: If you retired to Colorado’s sunny Western Slope for the laidback mountain lifestyle but bought into a community purpose-built for workers during the oil shale boom of the 1980s, should you be shocked when drilling rigs sprout like pinon pines in your neighborhood? Battlement Mesa residents are grappling with that question these days after Denver-based Antero Resources recently struck a deal to drill up to 200 gas wells from 10 pads right in town — some within a few hundred feet of homes and the municipal golf course.

Six energy companies with plans for large-scale oil shale development on the Western Slope, led by ExxonMobil and Shell, have “cornered the market” on water in northwestern Colorado. The study by Boulder-based Western Resource Advocates concludes that the oil shale activity envisioned by energy companies and some state and federal lawmakers would consume as much water as the entire Denver metro area on an annual basis.

Oil and gas companies doing business in Colorado have dropped a mind-blowing $10 million into Amendment 58 — a statewide initiative that would cut their state severance tax and raise roughly $321 million a year for college scholarships, wildlife habitat and other programs. But when it comes to whether big oil may be pumping in cash to help Republicans retake control of the state Senate, well, they're just not saying. And in fact, they don't have to.