The plans seek to meet new state financial requirements, but some smaller operators are hoping to put up only a fraction of the needed funds.
KP Kauffman
Posted inBusiness
Troubled K.P. Kauffman violated state order to stop selling its oil and gas
KPK says it must sell oil and gas or its 1,200 wells may end up orphaned. Regulators say they don’t appreciate the threats.
Posted inBusiness
Troubled oil and gas company K.P. Kauffman threatened with loss of right to do business in Colorado
State’s regulators reinstated a large fine set aside when KPK promised to clean up leaks and spills because just a tiny fraction of the work is done
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K.P. Kauffman asks for more time to clean up troubled oil and gas wells. Colorado regulators are out of patience.
KPK says it will be in better financial condition if it sells northeastern Colorado wells to a company proposing to use them for a carbon capture project.
Posted inBusiness, Energy, Environment, News
Colorado gives oil and gas company 6 more months to clean up its act. If not, KP Kauffman faces nearly $1 million in fines — or worse.
Frustrated, but patient, state oil and gas regulators on Monday gave the troubled KP Kauffman Co. one more, six-month chance to clean up its act or face close to $1 million in fines — or worse. The Denver-based oil and gas operator, which runs 1,200 low-producing wells around the state, is under an agreement to […]
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An oil and gas company wants to plug four idle wells. The wells could end up owned by a troubled Colorado operator instead.
THORNTON – An oil and gas rig whirled away on a recent winter day, just a few hundred feet from the swings and slides in Talon View Park. It wasn’t drilling a well, but plugging a string of old, played-out ones – save four of them. Those four may not be plugged, even though the […]
Posted inBusiness, Energy, Environment, News
Colorado drilling company behind leaks, spills will pay a fraction of the massive fine it initially faced
Front Range oil and gas company KP Kauffman has agreed to a comprehensive clean-up of spills and releases from wells, tanks, and flowlines at 74 sites under a “global” remediation plan and to pay a $795,000 fine – just about a fifth of what state regulators initially sought. The compliance agreement was approved by the […]
Posted inBusiness, Energy, Environment, News, Politics and Government
Fine against KP Kauffman for leaks and spills upped to second largest ever by Colorado oil and gas regulators
After concluding that oil and gas operator KP Kauffman had engaged in “a pattern of violations” fines for the company were boosted to $2 million, the second largest penalty ever issued by the Colorado Oil and Gas Conservation Commission. In August, the commission levied a $1.8 million fine on the company, known as KPK, for […]
Posted inBusiness, Crime and Courts, Energy, Environment, News
Colorado oil and gas company slapped with $1.6 million fine — one of the largest ever from state regulators
KP Kauffman, which operates 1,200 low-producing oil and gas wells on the Front Range, was fined $1.6 million by state regulators Monday for a string of violations from improperly storing waste to failing to report and address spills. It is one of the largest fines the Colorado Oil and Gas Conservation Commission has ever imposed […]
Posted inBusiness, Energy, Environment, News, Politics and Government
Oil and gas company KP Kauffman may lose right to operate in Colorado due to alleged environmental violations
Oil and gas company KP Kauffman, under fire for a spate of alleged operating violations, is facing a proposed $3.7 million fine and the possible loss of its right to operate in the state as a three-day hearing on its case opens before the Colorado Oil and Gas Conservation Commission on Tuesday. The enforcement action […]