• 5 minutes Desperate Call or... Erdogan Says Turkey Will Boycott U.S. Electronics
  • 11 minutes Saudi Fund Wants to Take Tesla Private?
  • 17 minutes Starvation, horror in Venezuela
  • 7 mins WTI @ 67.50, charts show $62.50 next
  • 9 hours Newspaper Editorials Across U.S. Rebuke Trump For Attacks On Press
  • 10 hours Mike Shellman's musings on "Cartoon of the Week"
  • 5 hours Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
  • 15 hours Venezuela set to raise gasoline prices to international levels.
  • 5 hours WTI @ 69.33 headed for $70s - $80s end of August
  • 9 hours Batteries Could Be a Small Dotcom-Style Bubble
  • 15 hours Scottish Battery ‘Breakthrough’ Could Charge Electric Cars In Seconds
  • 22 hours Renewable Energy Could "Effectively Be Free" by 2030
  • 21 hours Corporations Are Buying More Renewables Than Ever
  • 11 hours Don't Expect Too Much: Despite a Soaring Economy, America's Annual Pay Increase Isn't Budging
  • 1 day Again Google: Brazil May Probe Google Over Its Cell Phone System
  • 12 hours France Will Close All Coal Fired Power Stations By 2021
Why China Will Continue To Buy Iranian Crude

Why China Will Continue To Buy Iranian Crude

While the United States sanctions…

Indonesia’s Oil Sector In Jeopardy As Elections Loom

Indonesia’s Oil Sector In Jeopardy As Elections Loom

With elections right around the…

James Burgess

James Burgess

James Burgess studied Business Management at the University of Nottingham. He has worked in property development, chartered surveying, marketing, law, and accounts. He has also…

More Info

Is Colorado’s Fracking Industry at Threat from the Floods?

Colorado is currently experiencing some of the worst flooding it has ever seen, and as one of the most densely fracked areas in the United States, people are now beginning to worry about the stability of those fracking sites and wells, many of which have been completely covered by the floodwater.

Photos and video footage continues to be published online showing evidence of flooded fracking sites still in operation, toppled or displaced condensate tanks (which hold waste fracking fluid), smaller tanks and barrels floating in the waters, and leaking unknown fluids, and various pieces of drilling debris scattered throughout the state.

According to the Huffington Post, the historic floods affecting Colorado have already taken the lives of eight people with hundreds more still missing. It has destroyed, or damaged nearly 20,000 homes, 50 bridges, and forced more than 10,000 people to evacuate the region. Only now, as the state officials begin to make plans to rebuild, will the scale of the impact on the fracking industry be revealed.

Related article: How the Shale Boom has Effected the US Economy

Cliff Willmeng, an anti-fracking activist and spokesman for East Boulder County United, explained that there are “hundreds, if not thousands, of wells underwater right now and we have no idea what those wells are leaking. It’s very clear they are leaking into the floodwaters, though.”

The oil and gas industry has assured that the floods should not affect the fracking sites in any way. Tisha Schuller, the CEO and President of the Colorado Oil and Gas Association, said that “none of the fracking sites have been left open during the flood and we don't have any major issues going on. There were no fracking sites affected by the flood.”

However at least one pipeline has already been confirmed to be broken and leaking, and as the floodwaters subside it is only expected that more broken infrastructure and leaks will begin to surface.

Some of the largest oil companies operating in the area have managed to remotely shutdown their wells. Anadarko Petroleum Corp. has shut down 600 wells and stopped all drilling activity in affected regions; Noble has shut down 10% of its Colorado wells; Encana Oil & Gas has shut down nearly 400 wells; and PDC Energy has shut down over 100 wells. Although this is very few in the larger scheme of things as there are more than 20,000 wells in the Niobrara Formation in Northern Colorado alone.

By. James Burgess of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News