Newest STATUS CODES Cogcc State Co Us Colorado Oil Well Production

Newest STATUS CODES Cogcc State Co Us Colorado Oil Well Production and other colorado oil well production

Newest STATUS CODES Cogcc State Co Us Colorado Oil Well Production colorado oil well production status codes well status codes wellbore status codes formation completion status codes ac active well gas storage well completion or monitor well ab abandoned drilled wellbore or vacated permit for wellbore that will not be drilled or the well has been abandoned colorado oil well production PS Memo 14 04 Colorado The date reported to the Colorado Oil and Gas Conservation Commission COGCC as the date of first production 1 5 Natural Gas Compressor Station A facility located downstream of well production facilities which contains one or more compressors designed to compress natural gas from well pressure to gathering system COGA Colorado Oil Gas Industry Tax Whitepaper price of the oil and gas sold therefrom during the preceding calendar year The COGCC levies a 7 1 5 tax on production In Colorado severance tax is progressive the rate increases with the volume of sales Colorado statute exempts stripper well oil production from Colorado Legislative Council Staff the number of barrels of oil produced from exempted and taxable oil wells in Colorado and the percentage of oil wells that qualify for the exemption The increased use of horizontal drilling techniques has allowed oil wells to become more productive and driven the growth in oil production COLORADO OIL AND GAS INDUSTRY Metro Denver Oil and Gas Prices The Upside and the Downside January 2020 Colorado Oil and Gas Industry Updated Economic Assessment of Colorado Oil and Gas Prices August 2020 This paper refines the work completed in 2020 and 2020 isolating potential policy impacts on production in Colorado

source :cogcc.state.co.us