Abandonment IT Oil 
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. Well Eligibility. Additionality.
Underground Vision Technologies
FEBRUARY 3, 2022
The methane that is quietly oozing from abandoned oil and gas wells in the United States is invisible and odorlessyet it has the ability to wreak havoc on the climate in a major way. billion to 26 states in order to plug leaky abandoned extraction sites of the oil and gas industries. The total well cleanup sum of $4.7
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Oil and Gas Lawyer
MARCH 10, 2025
The Delaware Mountain Group is a group of formations including the Bell Canyon, Cherry Canyon and Brushy Canyon formations, deposits in ancient canyons filled in over the ages, and are productive of oil and gas. These formations lie above parts of the Wolfcamp formation in the Permian Basin. In Basic Energy Services v. PPC Energy , No.
Underground Vision Technologies
FEBRUARY 1, 2022
million in federal infrastructure money to clean up abandoned oil wells as part of an initial $1.15 They are a widespread problem in oil-producing states such as New Mexico, polluting residential areas and public spaces. Estimates vary about the number of abandoned wells in the state. New Mexico will receive $43.7
The Energy Law
APRIL 21, 2021
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.
The Energy Law
APRIL 21, 2021
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.
The Energy Law
APRIL 12, 2022
Sandhill never managed to stop the leak, and it abandoned the well in August 2019. 4/6/22), –So. 3d–, the Louisiana Third Circuit denied the LDNR’s claims for recovery of over 6.3 million dollars in emergency costs from prior operators of an orphaned well. with stopping the leak. the last operator of record and its working interest parties).
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