In 2019, the Colorado Legislature passed Senate Bill 181, which was designed to prioritize the protection of public safety, health, welfare and the environment in the regulation of the oil and natural gas industry. The regulations that resulted from this new law created an option for a new kind of oil and natural gas permitting – comprehensive area plans or CAPs.
A CAP is a type of permit that encompasses a larger area of land, which will be developed in sections over the greater part of a decade. The benefit to such a large-scale look at development is that it allows a company to create plans for comprehensive protection of community and environment. It also means that we can engage with communities earlier and get feedback, answer questions and concerns.
The area within PDC’s proposed CAP encompasses over 50 square miles within Weld County, but actual drilling will be located on 22 sites, spread throughout that acreage. Drilling would be spaced out over the better part of a decade, reflecting our thoughtful approach to development.
If approved, PDC will continue working with the COGCC to develop the CAP and will maintain ongoing conversation with our community members.
The CAP is designed to ensure the safe, comprehensive, and efficient development and operation of oil and natural gas resources with PDC as the sole operator in the boundaries of the CAP. PDC strongly believes environmental protection must be built into every operating decision we make, and our culture stresses personal accountability for all employees, contractors, and others on PDC properties.