plugging and abandonment

New research released by Columbia University's Center on Global Energy Policy and Resources for the Future estimates that a federal program to plug roughly half a million abandoned and so-called "orphaned" oil and gas wells could create as many as 120,000 jobs and reduce pollution.

The COVID-19 disaster and a catastrophic fall in oil prices could leave the state on the hook for billions in environmental cleanup costs if oil and gas companies go bankrupt during the health crisis, New Mexico's top land official says.

Ardyne’s North Sea long-term contracts were for 175 wells with possibly more to follow, while Allseas contract is for removal and disposal for the Valhall complex.

Across the West, thousands of oil and gas wells sit idle on federal lands, and many are orphaned with the companies that drilled them now defunct. These orphaned wells can pose environmental and safety hazards, but, as critics note, the Bureau of Land Management does not have a good way of tracking

A new regulation includes provisions related to the timely abandonment of "dormant sites," a new site classification that refers to inactive wellsites operated by solvent companies.

Decommissioning and abandonment comes with its share of unexpected surprises, but many of those surprises could be avoided merely through better planning and care.

The outlook in the UK is a case study of the squeeze facing E&P in other basins where operators are trying to pay to sustain production with discoveries, while plugging and abandoning old wells, all paid for by the lean cash flow due to low oil prices.

Kentucky lawmakers have introduced House Bill 199 to plug orphaned oil and gas wells and abandoned storage tanks that threaten health, safety, and the environment.

When energy companies go bankrupt, the cleanup of their old oil and gas wells must take priority over paying off creditors, the Supreme Court of Canada ruled on 31 January.

When a new horizontal well in Asia was incapable of unassisted flow, coiled tubing (CT) was selected for the perforation and stimulation intervention. Mechanical isolation was required to ensure that the stimulation fluids entered only the new zones.