Next Steps For Oil And Gas Owners If Colo. Passes Prop 112

By Brent Owen (November 2, 2018, 11:03 AM EDT) -- The state of Colorado is a leader in regulating oil and gas development. But a ballot initiative proposes a more dramatic regulatory step: restricting oil and gas development altogether. In the upcoming election, Colorado voters will decide whether to enact Proposition 112, a law requiring a 2,500-foot setback between any new oil and gas developments and any "occupied structure" or "vulnerable area."

Proposition 112 Will Ban Oil and Gas Development in Colorado

The measure changes the setback under state law from 72 acres to 450 acres. And the law defines "new" oil and gas development to include reentry of an oil...

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