Our drilling and development in Colorado creates business for others. We have hired more than 740 vendors and service providers in Colorado.
For these efforts and others, the Grand Junction Chamber of Commerce named us Business of the Year in 2009.
All told, we have invested more than $10 billion in Colorado since the mid 2000s, including $500 million for drilling and development in 2014. We plan to invest another $200 million locally in 2015.
Additionally, our local oil and gas production has generated more than $1 billion in royalties for private landowners and more than $500 million in federal royalties over the past decade, along with $550 million in ad valorem, severance and conservation taxes for the state.