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Borehole Battery: A Promising Solution for Energy Storage

POWER Magazine

For more than a century, fossil fuel companies have drilled oil and gas wells to increase the production, consumption, and export of fossil fuels. These wells are often abandoned once […] The post Borehole Battery: A Promising Solution for Energy Storage appeared first on POWER Magazine.

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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

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.

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The Abandoned Oil And Gas Wells Oozing Methane Into U.S. Air [Infographic]

Underground Vision Technologies

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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Basic Energy Services v. PPC Energy LLP – Another Case on Injection Wells in the Delaware Mountain Group

Oil and Gas Lawyer

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.

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N.M. to get $43M to clean up abandoned oil wells

Underground Vision Technologies

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

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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.

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Louisiana to receive $111-milion in federal infrastructure dollars to clean up abandoned oil wells

Underground Vision Technologies

The federal government is sending Louisiana 111-million dollars to plug and restore abandoned oil and gas wells. The state Department of Natural Resources estimates there are 46-hundred abandoned wells in Louisiana and cleanup is likely to cost 400-million dollars. Jeff Palermo, Louisiana Radio Network