Abandonment, Gas and Mechanic - Energy Aggregated

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Abandonment

Gas

Mechanic

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

The Energy Law

JUNE 21, 2022

The carbon credit market continues to evolve as oil and gas companies face increasingly stringent regulations to reduce greenhouse gas emissions. Operators may now have the potential to sell carbon credits in exchange for the P&A of inactive, shut-in, or temporarily abandoned wells. million vehicles per year. Additionality.

Temporarily Abandoned

Temporarily Abandoned Abandonment Operator E&P

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

The Energy Law

MARCH 27, 2020

Coupled with the recent decline in oil and gas prices, many operators are left scrambling in an attempt to navigate unprecedented circumstances. 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.

Oil

Oil Gas Underground Injection Control Operator

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

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

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