WELD COUNTY — The Colorado Oil and Gas Conservation Commission has announced stricter requirements for the amount of spilled oil producers have to report and the time frame in which they have to report spills, but some of the big players in the local industry say their internal practices are already in line with what the state is asking them to do.
The COGCC announced Tuesday that the nine-member commission voted unanimously to decrease the number of barrels that must be reported and require companies to report spills more quickly.
Ed Holloway, CEO and president of Platteville-based Synergy Resources, said he’s happy to see a five-barrel threshold, because that’s easier to gauge than determining whether a spill is 19 barrels or 20. He said his company has already been reporting spills of five barrels for some time.
