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COGCC considering higher bonds to guarantee reclamation after oil and gas extraction is complete

KVNF - Mountain Grown Community Radio | By Chad Reich
Published January 28, 2022 at 11:48 AM MST
A drill rig sits on private land in the headwaters of the North Fork of the Gunnison River on July 23, 2021.
Chad Reich
/
KVNF
A drill rig sits on private land in the headwaters of the North Fork of the Gunnison River on July 23, 2021.

The Colorado Oil and Gas Conservation Commission is determining whether companies need to commit more money upfront. Financial assurance, commonly known as a bond, guarantees the state can afford to clean up a well site if a company goes bankrupt or walks away. KVNF’s Chad Reich reports for the Rocky Mountain Community Radio collaboration on fossil fuel transitions.
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NEWS COGCCOil & GasOrphan WellsNorth Fork ValleyRMCR Fossil Fuel Reporting CollaborationRocky Mountain Community Radio Coalition
Chad Reich
Chad Reich is a veteran public radio reporter and KVNF freelancer who runs the production company Laccolith Media. He is a Lecturer and the Technical Director of Media at Western Colorado University in Gunnison.
See stories by Chad Reich
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