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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.

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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.

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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.

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Commissioner of Conservation Issues Letter Addressing Emergency Measures to Help Louisiana Oil and Gas Industry

The Energy Law

For wells that have already been placed on a schedule of abandonment, Conservation already allows operators to delay the plugging of wells for up to a year. For wells that have already been placed on a schedule of abandonment, Conservation already allows operators to delay the plugging of wells for up to a year.

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Renewable Energy Efforts Highlighted in Draft Plan to Reduce Greenhouse Gas Emissions in Louisiana

The Energy Law

Actions under strategy 9 center around drafting new legislation to increase the plugging of abandoned and orphaned wells. This process of utilization refers to the use of CO2 directly or as a feedstock in industrial or chemical processes, to produce valuable carbon-containing products, where CO2 can generate economic value.

Energy 52
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Advancement of CCS in Louisiana

The Energy Law

Statewide Order 29-N-6 provides clear guidelines for Class VI wells, which cover the permitting process, siting criteria, area of review, well construction and completion, operational protocol, testing and monitoring specifications, plugging and abandonment procedures, and reporting requirements. On the state level, Act No.

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Survey of Proposed Legislation Across the States Affecting the Energy Industry in 2021

The Energy Law

However, Governor Charlie Baker vetoed the bill, citing concerns related to the interim emission target and the requirement that utilities procure more offshore wind power, among others. [7] The Texas Legislature convened for its 2021 session earlier this month with several issues on the agenda. HB 896 and HB 897 , sponsored by state Rep.

Energy 52