WebThe BLM is the lead on a multi-agency effort to identify and remediate thousands of orphaned wells located on federal lands across the country with $250 million in funding available from the Bipartisan Infrastructure Law passed in Congress in November 2024. The webinar was divided into four panels, addressing such issues as how BLM and its ... WebAllocated a quarter-billion dollars for orphaned well mitigation by the bipartisan infrastructure bill, the Bureau of Land Management (BLM) on Thursday convened a panel of representatives...
The Federal Role in Orphan Oil and Gas Well Reclamation
WebOCD receives grant from BLM for P/A and reclamation on BLM lands OCD is does not make plugging decisions for federal wells A total of $1,746,761 was spent from the ... Oil and Gas Orphan Well Clean-up Division D, Section 40601 Orphaned Well Site Plugging, Remediation, and Restoration WebSep 6, 2024 · Of the $32 million the state has spent to remediate orphaned wells since 1997, $21 million was covered by bonds posted by operators, according to the WOGCC. The rest of the expense was covered by a conservation tax applied to all oil and gas operators in the state. The BLM, however, still allows for a nationwide “blanket bond” of … bebgosi
Orphan Wells in New Mexico - nmlegis.gov
WebOrphan Wells Are Threatening New Mexico Communities New map shows the location of all 622 currently documented orphan wells in the state. Pending federal legislation will invest nearly $5 billion to plug and clean up these and the more than 81,000 other documented orphan wells across the country. Mapping Orphan Wells in New Mexico WebJul 9, 2024 · The surge in orphan wells has led Wyoming regulators to speed up plugging efforts and increase bonding requirements. Luckily, coalbed methane wells are relatively shallow and inexpensive to plug — it costs $5,000 to carefully fill a well with cement and seal it, on average, according to Watson. Webjurisdictions. The cost to reclaim an orphan well site may vary considerably, depending on the site-specific conditions. Some researchers have estimated the median cost to plug and reclaim an orphan well site at $76,000, and assert certain orphan well sites may exceed $1 million. The extent to which the IIJA funding would be sufficient to divo 6200.2j