County, Caerus reach agreement on 2015 natural gas production value
GARFIELD COUNTY, CO – The Garfield County Board of County Commissioners on Monday signed an abatement agreement with Caerus Piceance, LLC. This ended a process that began in December of 2016, where Caerus identified errors in the volumes and revenues of natural gas the company reported to Garfield County for properties acquired in 2014. Due to the error, Caerus overpaid $1.1 million dollars in property taxes to Garfield County local governments and school districts, which now must refund the money. Highlighting its commitment to Garfield County, Caerus agreed to waive $155,000 in accrued interest that is legally owed to the
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BOCC, Encana reach agreement on 2014 natural gas production value
GARFIELD COUNTY, CO – The Garfield County Board of County Commissioners signed an agreement with Encana on Monday, resolving a long-running abatement process with the energy company. Due to its own error in reporting the value of natural gas it produced in 2014, Encana overpaid $5.7 million dollars in property taxes to Garfield County and local taxing districts, which now must refund the money. On top of the refund, there is approximately $858,000 in interest, calculated at one percent per month, due to Encana. After multiple negotiations requesting Encana reduce or drop the interest amounts with no resolution, Commissioner Tom
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Garfield County receives oil and gas air emissions study results
GARFIELD COUNTY, CO – The Garfield County Board of County Commissioners received an air emissions study report and presentation from Colorado State University (CSU) June 14. The three-year study is named Characterizing Air Emissions from Natural Gas Drilling and Well Completion Operations in Garfield County, Colorado. Jeffrey Collett, professor and head of CSU’s Department of Atmospheric Science is the principal investigator for the study, which collected scientific data during 21 experiments. The presentation is available online at the Garfield County website, and CSU is releasing the full report later today. The report summary to the Board of Commissioners was streamed
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