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Newfield Production Company Monument Butte

Judicial · FY2011 · — · Final Order With Penalty · 2600059733

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Penalty
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Cost recovery
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Compliance action

Case

Case Number
08-2011-0208
Type
Judicial
Lead
EPA
Outcome
Final Order With Penalty
Multimedia
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Self-disclosure
N

Defendants (1)

Summary

Newfield agreed to a penalty for failing to demonstrate and maintain adequate financial responsiblity for its EPA regulated injection wells from March 2009 through September 2010, when it obtained an alternate financial instrument. During this period, Newfield failed to pass all the ratios required to use its financial statement as a demonstration of financial responsiblity. The Consent Decree prohibits Newfield from using its financial statement as demonstration of financial responsibility until 2014, and incorporates stipulated penalties for failure to comply with the Consent Decree when and if Newfield chooses to use its financial statement as demonstration of financial responsibility in the future. The Consent Decree is in effect for three years.

Source

Authoritative
EPA ECHO
Machine
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