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Northern Colorado Energy Summit

Northern Colorado Energy Summit. July 7, 2014. Anadarko’s Mission and Values. Anadarko’s mission is to provide a competitive and sustainable rate of return to shareholders by exploring for, acquiring and developing oil and natural gas resources vital to the world’s health and welfare.

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Northern Colorado Energy Summit

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  1. Northern Colorado Energy Summit July 7, 2014

  2. Anadarko’s Mission and Values Anadarko’s mission is to provide a competitive and sustainable rate of return to shareholders by exploring for, acquiring and developing oil and natural gas resources vital to the world’s health and welfare. • Integrity and Trust • Servant Leadership • People and Passion • Commercial Focus • Open Communication

  3. Coloradans enjoy energy prices 23% lower than the U.S. average. Without fracking, the cost of energy prices will rise. This is $6000 per year per household in the state. July 7, 2014 1

  4. The oil and gas industry in CO directly employees 51 Thousand people providing over $6.5 Billion in total labor income annually. July 7, 2014 2

  5. In 2013 over $500 Million in tax revenue from oil and gas activity flowed into K-12 education across the state. • The oil and gas industry in CO generates over $80 Million per day of economic activity. July 7, 2014 3

  6. Oil and Gas Sharing the truth

  7. Myth: Fracking is a New Technology Truth: Fracking is a Proven Technology in Use Since the 1940s, while Constantly Being Improved and Enhanced. The Truth About Oil and Gas – Hydraulic Fracturing • The world’s first commercially fractured wells located in Duncan, Oklahoma. (March 17, 1949)

  8. Truth about Oil & Gas - Protection ofGround Water

  9. Truth about Oil & Gas – Land Use

  10. Truth about Oil & Gas - Regulations

  11. Fracking uses 0.12% of Colorado’s total water consumption On a MMBTU (energy/water) usage equivalent: Truth about Oil & Gas – Water Usage

  12. Transparency to the Public Truth about Oil & Gas – Chemical Disclosure

  13. CDPHE Regulation 7: Adopted by Colorado Air Quality Control Commission February, 2014 / implemented May, 2014 Designed to capture 95% of emissions of both volatile organic compounds (VOC’s) and methane Truth about Oil & Gas – Air Quality

  14. Truth about Oil & Gas - Seismicity

  15. Truth About Oil & Gas – Setbacks in Colorado 500’ - by exception 200’ - minimum 1,000’ – Changes to Setback Distances Enhanced Notification Process Best Management Practices (BMPs)

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