The Colorado Oil and Gas Commission this week kicked off the process of changing the rules regarding the financial obligations drilling companies must meet to clean up “orphan wells.”
An orphan well is a well that is no longer functioning for whatever reason and must be “plugged, repaired and reclaimed” by the state. Often times, they’ve been ditched by failed companies or left behind when state regulators shut down a bad operator.
There are 215 orphan wells in the state, and 454 “associated orphans” sites»As of July 1, according to …
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