Lease Stewardship Stipulations
Responsible stewardship matters to us because trust lands need to generate revenue not only for today's students, but also for future generations of schoolchildren.
All of our lessees are required to follow our site-specific stewardship stipulations. Additionally, our lessees must comply with all local, state, and federal regulations, and they are required to obtain necessary local, state, and federal permits. Violating stewardship stipulations may result in lease termination.
The Colorado Oil and Gas Conservation Commission (COGCC) is the regulatory agency for oil and gas development in the State of Colorado. The State Land Board is a separate agency from the COGCC. Our agency and our lessees are subject to the same local, state, and federal rules and requirements as any private land owner.
Watch our short video about stewardship stipulations for oil and gas leases: