Colorado Oil

Colorado's crude oil production quadrupled from 2010 to 2015 with the increased use of directional drilling and hydraulic fracturing technologies.

Between 2007 and 2017, the state's oil production grew from 26 million to 130 million barrels of oil per year.

Substantial new production is coming from the Niobrara Shale formation in the Denver-Julesberg Basin in northeastern Colorado, where production in one county, Weld, quintupled from 2010 to 2015. Weld County was the source 9 of every 10 barrels of Colorado crude oil produced in 2015.

Colorado has two operating petroleum refineries, both in Commerce City near Denver, which are owned and operated as a single complex. They produce motor gasoline, diesel fuel, and asphalt.

Demand for refined petroleum products in Colorado exceeds refining capacity.  Several petroleum product pipelines, primarily from Wyoming, Texas, and Kansas, help supply the Colorado market.