The closing of the wells also marks the virtual end of oil and gas activities in Denver, Mayor Mike Johnston said.
“The wells at DEN were the only wells located within Denver and this closure effectively ceases all oil and gas activities in our city,” Johnston said. “This work aligns with our unwavering commitment to climate-aligned, sustainable policies and action to ensure Denver remains a top place to live.”
The well caps were part of a $12.5 million program that also includes decommissioning all of the airport’s 38 tank battery locations. Most of those wells were operating before DIA was built in 1995 on 54 square miles annexed from neighboring Adams County, but over the years, the airport allowed the use of fracking to develop new wells.
The side hustle brought in $7 million in 2010, helping in a small way to subsidize DIA’s main operations. But declining oil and natural gas prices reduced that income significantly in more recent years, with the wells generating just $2.3 million in 2017 before the airport closed the wells. The land the wells sat on will now be turned over to the airport’s tenant farmers and other stakeholders, according to the news release.
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