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Abandoned Oil Wells Pose Growing Risks in Permian Basin

OilPrice

As the number of depleted and abandoned oil wells in the West Texas Permian Basin continues to grow in the long shadow of the United States shale revolution, associated environmental and public health hazards are ballooning in tandem.

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DOI Promulgates a New Final Rule for Increased Safety Measures on the OCS

The Energy Law

Specifically, the new final rule adds a section to 30 CFR 250, subpart Q regarding submission of decommissioning applications and reports when a blowout preventer (“BOP”) is used for abandonment operations, 250.1704(g)(1)(ii). 50856, 50882 (Aug. 50856, 50882 (Aug. 50856, 50883 (Aug.