article thumbnail

Operators May Earn and Sell Carbon Credits for the P&A of Inactive, Shut-in, or Temporarily Abandoned Wells

The Energy Law

Operators may now have the potential to sell carbon credits in exchange for the P&A of inactive, shut-in, or temporarily abandoned wells. The EPA estimates that there are over 3 million known abandoned and orphaned oil and gas wells (AOOG wells) in the United States. Well Eligibility. Additionality.

article thumbnail

Subsea Plugging & Abandonment: Light Well Intervention Vessel Overview

Drillers

The Challenge I have recently been writing some articles about a keen interest of mine, Subsea Well Intervention. There is a significant focus on plug and abandonment decommissioning in today’s workscopes. The future goal is to perform full permanent abandonment of subsea wells with smaller vessels.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Federal Agency Recommends Updated Regulations for Pipeline Monitoring, Decommissioning, and Abandonment

The Energy Law

The Report concluded that the Bureau of Safety and Environmental Enforcement (“BSEE”) lacks a robust oversight process (1) for ensuring the integrity of active offshore oil and gas pipelines and (2) to address the environmental risks posed by decommissioning and abandoning pipelines on the seafloor.

article thumbnail

Federal Agency Recommends Updated Regulations for Pipeline Monitoring, Decommissioning, and Abandonment

The Energy Law

The Report concluded that the Bureau of Safety and Environmental Enforcement (“BSEE”) lacks a robust oversight process (1) for ensuring the integrity of active offshore oil and gas pipelines and (2) to address the environmental risks posed by decommissioning and abandoning pipelines on the seafloor.

article thumbnail

Energy and Technological Progress: Bridging the Gap. P11.

Energy Central

Renewable Rush: Speed Blinding Stability (Part 10 of article series: Energy and Technological Progress: Bridging the Gap.) Have we been too hasty in abandoning traditional energy sources for renewables and green energy? As the world hurtles towards a low-carbon future, it is a need for critical examination of our transition strategy.

article thumbnail

Solar Leasing in Louisiana: Act 301 and Decommissioning Requirements

The Energy Law

As the number of solar projects continues to grow in Louisiana, a chief concern among Louisiana taxpayers is ensuring that these projects are properly decommissioning upon their abandonment. Solar development is largely in its infancy in Louisiana, with only a handful of projects having been constructed to date.

article thumbnail

Solar Leasing in Louisiana: Act 301 and Decommissioning Requirements

The Energy Law

As the number of solar projects continues to grow in Louisiana, a chief concern among Louisiana taxpayers is ensuring that these projects are properly decommissioning upon their abandonment. Solar development is largely in its infancy in Louisiana, with only a handful of projects having been constructed to date.