Spotlight On: Colorado Oil and Gas Production
When a conversation turns to oil and gas production in the U.S., the focus tends to be on the biggest producers in the shale arena: Texas, Pennsylvania, North Dakota, or Ohio. But Colorado is fast becoming a big oil and gas producer as well. The northeastern portion of Colorado sits on part of the Niobrara shale, which also lies under parts of Kansas, Nebraska, and Wyoming. Estimates for Colorado’s oil potential run as high as two billion barrels. From 2007 to 2011, crude production in the Centennial State rose 64 percent, while natural gas production rose 27 percent. Colorado is home to 9 of the nation’s 100 largest natural gas fields, and its natural gas production continues to grow, as the chart from the Energy Information Administration, above, shows.
Thanks to fracking, Colorado now supplies roughly 1 of every 50 barrels of U.S. crude. Two of the 100 largest U.S. oil fields are in Colorado and more areas are being explored as hydraulic fracturing and horizontal drilling open up new resources.
Clearly, Colorado is one of the largest energy players in the U.S., and will continue to play a significant role in the future of domestic energy production. To find a fracking job in Colorado, click here…