Colorado § 36-1-147 Geothermal leases

Colorado Statutes

§ 36-1-147 — Geothermal leases

Colorado § 36-1-147

Title 36Natural

Art.State Board of Land Commissioners

This text of Colorado § 36-1-147 (Geothermal leases) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 36-1-147 (2026).

Text

(1)The state board of land commissioners may lease any portion of the land of the state, or any interest therein, for the purposes of exploring for, producing, and developing the geothermal resources thereunder at a rental to be determined by the board, except as provided in sections 36-1-113, 36-1-118, and 36-1-147.5.

(2)The geothermal leasing arrangements authorized by subsection (1) of this section shall include provision for:

(a)The filing of a surety bond to assure compliance with the lease terms and the requirements of article 90.5 of title 37, C.R.S.;

(b)Royalties on both the geothermal resource and its by-product;

(c)The protection of the environment, including but not necessarily limited to the air quality, the ground and surface water quality, and the land surface

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(1) The state board of land commissioners
may lease any portion of the land of the state, or any interest therein, for the
purposes of exploring for, producing, and developing the geothermal resources
thereunder at a rental to be determined by the board, except as provided in
sections 36-1-113, 36-1-118, and 36-1-147.5.

(2) The geothermal leasing arrangements authorized by subsection (1) of this
section shall include provision for:

(a) The filing of a surety bond to assure compliance with the lease terms and
the requirements of article 90.5 of title 37, C.R.S.;

(b) Royalties on both the geothermal resource and its by-product;

(c) The protection of the environment, including but not necessarily limited
to the air quality, the ground and surface water quality, and the land surface, as
well as the rest of the environment.

(3) The geothermal leasing arrangements authorized by subsection (1) of this
section are to be administered by the state board of land commissioners in a
manner which encourages the maximum economic recovery of geothermal
resources, prevents waste of said resources, and protects the public interest in the
lands of the state by requiring the exploration for the development and protection
of geothermal resources to proceed in an environmentally acceptable manner.

(4) All existing leases on state lands for the development of geothermal
resources are hereby validated as though they had been issued pursuant to the
authority of this article.

Legislative History

Source: L. 74: Entire section added, p. 315, � 6, effective May 17. L. 83: (2)(a) amended, p. 1424, � 4, effective June 10. L. 2007: (1) amended, p. 620, � 2, effective August 3.