Colo. Rev. Stat. § 37-90.5-109

Current through Chapter 519 of the 2024 Legislative Session and Chapter 2 of the 2024 First Extraordinary Session
Section 37-90.5-109 - Geothermal resource units - rules
(1) The commission may adopt procedures by rule to establish geothermal resource units applicable to allocated geothermal resources. In its regulation of geothermal resource units, the commission may:
(a) Control well-spacing and production rates;
(b) Control the quantity of geothermal fluid extracted from allocated geothermal resources by methods and procedures that the commission deems appropriate, including requirements to reinject;
(c) Adopt a comprehensive unit plan that encourages sustainable use of allocated geothermal resources; and
(d) Require equitable compensation to any impacted owner of an allocated geothermal resource.
(2) Notwithstanding any provision of this section to the contrary, nothing in this section affects the ownership, administration, aggregation, or determination of water rights.

C.R.S. § 37-90.5-109

Added by 2023 Ch. 235,§ 11, eff. 7/1/2023.