Colorado drilling permit requests down amid new rules | VailDaily.com

Colorado drilling permit requests down amid new rules

DENVER, Colorado ” Applications for oil and gas drilling permits have substantially decreased in the month since stricter rules were implemented.

Energy companies filed for 34 applications since April 1, when the new rules were implemented on nonfederal lands. The Grand Junction Sentinel reports the application slowdown comes after companies applied for a record 1,470 permits in March to beat the April 1 deadline.

Applications submitted before that date will be reviewed under the previous rules.

The new rules require regulators to give more consideration to the environment, wildlife and public health and safety when approving oil and gas development.

Energy companies say state regulators didn’t fully consider the impacts of the new rules on their operations and finances.