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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 Blog

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. million vehicles per year.

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FIFTH CIRCUIT BEGINS TO CLEAN UP ITS JURISPRUDENCE ON HOW TO DETERMINE WHETHER A CONTRACT IS (OR IS NOT) MARITIME

The Energy Law Blog

Recently, the court applied Doiron in the context of a contract to plug and abandon a series of offshore wells in Crescent Energy Services, L.L.C., 3] In Crescent , litigation ensued after Crescent’s employee suffered injuries while conducting P&A work on a platform. Carrizo Oil & Gas, Inc. [3]

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