DENVER – July 9, 2021 – Crestone Peak Resources today submitted the Box Elder Comprehensive Area Plan (CAP) to the Colorado Oil and Gas Conservation Commission (COGCC) for consideration. A CAP is a voluntary, operator-initiated planning tool that allows Crestone to take a holistic, collaborative approach to oil and gas development.
A CAP outlines future oil and gas activities in a defined geographic area. In the case of the Box Elder CAP, it’s in the southern, mostly undeveloped portion of the City of Aurora located north of Quincy Avenue and east of E-470. A CAP also facilitates land use planning and siting discussions among operators, surface owners and state and local officials and regulatory agencies; identifies potential impacts resulting from development activities; and develops agreed-upon ways to minimize or mitigate the potential impacts.
“The CAP process provides the opportunity for a thoughtful, transparent and engaged process for developing energy and we’re pleased to submit what we believe is the first fully complete CAP application to the COGCC,” said Jason Oates, vice president of government affairs and public relations at Crestone Peak Resources. “We look forward to working with the COGCC, City of Aurora, and local communities as we plan to develop the energy we all rely on in a safe and responsible manner, while protecting public health and the environment.”
The intent of the Box Elder CAP is to complete the state permitting process in close coordination with the City of Aurora, the relevant local government for this project. The siting for the well sites in this project has taken place over the past two years with City of Aurora and is reflected in the operator agreement Crestone has with the City.
In addition to development optimization efforts and other planning considerations, Crestone remains committed to utilizing the best technology and management practices to reduce impacts on land, water, wildlife and public health. For example, the company deploys real-time, continuous air quality monitoring on all well sites for immediate detection of emissions, and uses an innovative, synthetic high-performance drilling fluid which is virtually odor-free, non-toxic and readily biodegradable, meaning it’s environmentally friendlier and results in less waste.
Further details about the Boxer Elder CAP, next steps in the permitting process, and Crestone’s stewardship of the environment, public health and quality of life for all Coloradans can be found at: https://www.crestonecommunityrelations.com/box-elder-cap.
About Crestone Peak Resources
Crestone Peak Resources is an independent energy company focusing on the acquisition, exploration, development, and production of oil and gas reserves in the Rocky Mountain Region. Formed in 2016, Crestone’s team of nearly 200 professionals has significant operating experience, deep ties to communities in Colorado, and is committed to operating safely and responsibly. Crestone’s acreage is located in the Greater Wattenberg Field of Colorado’s Denver-Julesburg Basin. The company is headquartered in Denver and has offices in Firestone and Watkins. For more information, visit https://www.crestonepeakresources.com/.