The keys to the future oil and gas production facility: the Colorado story

Abstract

With growing concern about climate change, the need for a diversified energy portfolio for energy security and the expectation for an energy transition away from fossil fuels to non-carbon energy solutions, such as renewables, all signals suggest that the energy transition has already begun. States like Colorado have been rewriting regulations to include stricter rules on oil and gas production. While the energy industry is transitioning due to market forces, public policies, and technological advances, fossil fuels are not yet out of the picture for the total energy supply of the future.