Tag: Oil Wells
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Colorado Supreme Court considers the legal status of dormant oil and gas well leases
The Colorado Supreme Court on Tuesday will hear oral arguments over whether a pipeline maintenance that lasted 122 days in Boulder County meant production actually “ceased” and, therefore, the oil and gas leases were terminated. Boulder County’s had appealed a district court’s ruling that rejected its claim of control over oil and gas well leases…
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Colorado Oil & Gas Commission examining industry’s financial obligations to orphan wells
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado’s Oil & Gas Commission this week started the process for changing the rules regarding the financial obligations drilling companies must comply with to clean up “orphan wells.” An orphaned well is one that is no longer operating for whatever reason, and that must be…