A deal struck in Northern Colorado will shut down, clean up polluting oil wells [Video]

FORT COLLINS, Colo. — Across from a glimmering lake with mountain views, near homes and businesses, sits an old oil and gas site. It’s one of roughly 50 wells operated by Prospect Energy in Northern Colorado.

For years, state regulators have fined Prospect Energy for repeated violations, including spills, leaks, air pollution and illegal flaring.

Now, an unusual agreement struck by the local governments – Larimer County and the City of Fort Collins – seeks to permanently shut down and clean up these well sites.

“We’ve been working directly with Prospect Energy to negotiate agreements that ensure that with the closure of those wells, the health and safety of our residents and our community members are as prioritized and protected as they possibly can be,” said Rebecca Everette, who works with Larimer County.