Can the failure to comply with the rules related to well inventory submission result in the assessment of a penalty?
At this time, there is little chance the failure to submit a complete, correct, and timely well inventory would result in a monetary penalty. The major consequence of failing to submit a well inventory would be a potential delay in the issuance or renewal of an operator’s license. It should be noted the intentional falsification of a well inventory could result in a monetary penalty pursuant to KCC regulations.
