Crestone Peak Resources’ bid to develop 216 drilling wells along Boulder County’s eastern reaches could be realized as soon as 2019, company officials indicated Thursday.
A clearer timeline has emerged for the Denver-based operator’s comprehensive drilling plan — a thorough proposal to develop a 12-square-mile oil field near U.S. 287 and Colo. 52 between Longmont and Lafayette — since it first came to light in March.
The company will release an “information package” containing all “conceptual and preliminary” drilling plan elements — including a detailed map of where certain wells, pipelines and roads used to develop the oil field will be located on the site — to the public by the end of September,according to a schedule recommended by the Colorado Oil & Gas Conservation Commission.
A final version of the proposal could appear in front of the COGCC for approval as early as March.