§ 19-6-806 - Abandoned and Orphan Well Plugging Fund.
19-6-806. Abandoned and Orphan Well Plugging Fund.
The Abandoned and Orphan Well Plugging Fund shall consist of those special revenues as specified in 19-6-301(230), grants, gifts, and any other revenues as may be authorized by law, there to be used by the Oil and Gas Commission to provide security in the event an oil and/or gas well operator fails to perform plugging responsibilities under 15-72-217 or fails to correct well conditions that create an imminent danger to the health or safety of the public, or threaten significant environmental harm or damage to property.