Our policy is to go beyond what is required, to ensure we operate in the safest, most efficient way possible. Colorado is a national leader in strict regulations for the oil and natural gas industry and we work closely with and are regulated by the Colorado Oil and Gas Conservation Commission (COGCC) to ensure our operations remain in compliance with state regulatory requirements. Health and safety are our top priorities, and we’ve built a culture that takes a disciplined approach to maintaining safe environments, proactively identifying and addressing issues, and continually training our employees.
We aim to operate safely, responsibly, efficiently and with minimal impact on local communities across all stages of our operations, while acting as good stewards for the land, air and water. This is a priority for us because as Coloradans, we value these natural assets, and we live here, too.
In 2020, Crestone was named a ‘Gold Leader’ by the Colorado Department of Public Health and Environment Environmental Leadership Program for our efforts to safeguard public health and the environment while producing energy in Colorado. To learn more about our efforts to be good stewards and the program, see this news release, visit our CDPHE Environmental Leadership Program profile or view Crestone’s Policy Statements on ‘Environmental and Regulatory Policy’ and ‘Health and Safety’ Policy.
We realize energy production has temporary impacts in neighboring communities. We strive to minimize these by working safely, efficiently and quickly to finish drilling and completions at each of our sites, while complying with all state and local requirements. We explore new and utilize several mitigation strategies based on our experience in the DJ Basin, the latest technologies and industry best practices. We are consistently monitoring our operations and remain committed to continual improvement and to adjusting operations as needed to minimize our impact on nearby residents.
For example, to minimize our footprint and maximize efficiencies, we’ve constructed ‘The Hub’ as a central gathering facility serving several well sites. Located near Erie, The Hub serves as a single location for oil and gas collection and processing equipment. This facility allows Crestone to reduce the typical pad size in the Erie area by as much as 70 percent and remove many of the emission sources from the actual well pads.
Crestone’s efforts to mitigate temporary impacts in the DJ Basin.
As part of our operations planning, we occasionally work with third-party experts to conduct seismic studies under the layers of rock deep underground, enabling us to map out the best well placement and produce oil and gas from fewer wells. Seismic testing allows for efficient, safe and environmentally responsible operations, while allowing us to analyze and anticipate any potential concerns.
Colorado Oil & Gas Conservation Commission: State agency responsible for the development of Colorado’s oil and gas natural resources in a manner consistent with the protection of public health, safety, and welfare, including the environment and wildlife resources