Welcome to 1280 Royalties, where we help mineral owners like you make informed decisions about their valuable assets. Colorado’s rich history of oil and gas development highlights its critical role in shaping the state’s economy and advancing the nation’s energy independence. Understanding this history can help mineral owners appreciate the opportunities available today.
The Story of Oil and Gas in Colorado
Early Exploration (1860s–1920s)
Colorado’s oil and gas story began in 1862 with the discovery of oil in Florence, making it the site of the first commercial oil production west of the Mississippi River.
By the early 1900s, Colorado’s oil and gas industry began to grow as new fields, such as Rangely in western Colorado, were discovered.
The Growth of the Industry (1930s–1960s)
The discovery of the Wattenberg Field in the Denver-Julesburg (DJ) Basin marked a turning point in the state’s production. This field remains one of the most productive in Colorado today.
Advances in drilling technology and increased demand during World War II spurred significant growth in both oil and natural gas production.
Modern Development (1970s–Present)
The 1970s energy crisis brought a renewed focus on domestic production, leading to increased activity in Colorado’s natural gas fields, especially in the Piceance Basin.
In the 2000s, horizontal drilling and hydraulic fracturing (fracking) revolutionized the industry, unlocking vast reserves in shale formations like the Niobrara.
Today, Colorado remains a top producer of oil and natural gas in the U.S., with operations focused in the DJ Basin, Piceance Basin, and San Juan Basin.
Key Oil and Gas Producing Regions in Colorado
- Denver-Julesburg (DJ) Basin: A major hub for oil and gas production, particularly from the Niobrara and Codell formations.
- Piceance Basin: Known for its natural gas reserves, especially tight sands and coalbed methane.
- San Juan Basin: A historically significant natural gas-producing area located in southwestern Colorado.
Understanding Your Mineral Rights in Colorado
Owning mineral rights in Colorado offers significant opportunities, but it’s essential to understand the nuances of ownership and development. Key considerations include:
If you’re considering leasing, selling, or managing your mineral rights, 1280 Royalties can guide you through the process and help you maximize your assets.
Resources for Colorado Mineral Owners
To learn more about your mineral rights and the oil and gas industry in Colorado, explore the following trusted resources:
- Colorado Oil and Gas Conservation Commission (COGCC): Find well data, regulations, and permitting information.
- Colorado Geological Survey: Explore resources on Colorado’s geology, including oil and gas reserves.
- Bureau of Land Management – Colorado: Access information on leasing and development on federal lands.
- National Association of Royalty Owners (NARO): A resource for mineral owners, offering education and networking opportunities.
- Energy Information Administration – Colorado Profile: Comprehensive data on Colorado’s energy production and consumption.
Why Choose 1280 Royalties?
At 1280 Royalties, we are passionate about helping mineral owners in Colorado make informed decisions. Whether you’re looking to lease, sell, or simply better understand your mineral rights, our team provides personalized support and expertise.
Contact us today to learn more about your mineral rights in Colorado and how we can help you unlock their full potential. Together, we can ensure you get the most value from your mineral assets!