Survey: Denver ranks third in world for oil, gas opportunities

News
May 7, 2013

Boulder Journal

Staff Report

Denver is the third best city in the world for oil and gas explorers, according to a survey published by a trade group this week.

Rigzone, an employment and data clearinghouse, polled 8,000 industry executives and engineers to get their opinions on the cities with the most oil-and-gas growth and opportunity.

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Unconventional oil and gas work created 77,600 jobs in Colorado in 2012, according to the Institute for 21st Century Energy, and the number of jobs here uprooted by shale activity will grow to 121,398 in 2020 and 175,363 in 2035. Unconventional oil and gas activity contributed value-added economic activity of more than $11 billion in Colorado last year; that contribution is estimated to grow to more than $26 billion by 2035, Rigzone reported.

 

Read the full article at Boulder Journal."