SandRidge, Commission Seek Agreement Over Earthquake Plan Non-Compliance
Sandridge Energy Inc. and the Oklahoma Corporation Commission’s (OCC) Oil and Gas Conservation Division (OGCD) are in talks seeking a settlement over Sandridge’s non-compliance with a commission plan to address earthquakes triggered by wastewater injection well operations.
OGCD had planned to file last Friday a petition to force the company to comply with OGCD’s Dec. 3, 2015 plan, issued by OGCD in response to earthquakes in the Medford and Cherokee areas of Oklahoma, to reduce volumes injected into disposal wells. Just as the division was preparing to file, Sandridge asked for a chance at a settlement. Those talks are underway in the hopes of avoiding a protracted legal proceeding, but the case is ready to go should the talks fail, OCC spokesperson Matt Skinner told Rigzone Tuesday.
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