POWER Magazine

MAY 15, 2024

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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Abandonment Energy Energy Oil 217

Marcellus Drilling News

MAY 16, 2025

West Virginia has more than 21,000 abandoned and orphaned oil and gas wells. Plugging them to prevent environmental problems is a thorny issue, as it is in other states like Pennsylvania and Ohio (and Texas, and Oklahoma, etc.). Regulatory hurdles make it expensive. A WV bill not previously on our radar made its way through.

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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.

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BOE Report

MARCH 18, 2025

CALGARY – Alberta’s energy minister says the government will never use public tax dollars to clean up abandoned oil and gas wells. Brian Jean says it will never be an option, despite a newly leaked government-funded report listing recommendations for how Alberta should reclaim its nearly 80,000 inactive wells.

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Oilfield Technology

JUNE 20, 2025

The Slagugle oil discovery was initially proven in 2020, with preliminary estimates suggesting resources in the range of 30.8 - 61.6 million bbl of oil equivalent in Triassic reservoir rocks. The Slagugle oil discovery was initially proven in 2020, with preliminary estimates suggesting resources in the range of 30.8 - 61.6

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Marcellus Drilling News

MAY 13, 2025

MARCELLUS/UTICA REGION: PA DEP issues RFP for abandoned O&G well plugging services; OTHER U.S.

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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.

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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.

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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

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Oil & Gas 360º

APRIL 17, 2025

CEO Murray Auchincloss and Lund supported previous chief Bernard Looneys 2020 plan to slash BPs oil and gas output by 40% this decade and invest heavily in renewables. A few months later BP started backtracking. The company pursued too much while looking to build new low carbon businesses.

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Underground Vision Technologies

FEBRUARY 1, 2022

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

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Underground Vision Technologies

FEBRUARY 2, 2022

Department of Interior will provide Kentucky with nearly $104 million to clean up abandoned oil and gas wells, U.S. FRANKFORT, Ky. (KT) KT) The U.S. Senate Republican Leader Mitch McConnell announced on Wednesday.

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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.

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Oil Review Middle East

JULY 15, 2025

While hydrocarbons remain vital, with more than 90% of EIC member companies in the region still focusing on oil and gas , the growth of investment into renewables, hydrogen, and digital infrastructure reveals a willingness to embrace what’s next, without abandoning what works now.

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BOE Report

MARCH 19, 2025

EDMONTON – Alberta Premier Danielle Smith says plans for cleaning up abandoned or inactive oil wells are to be made public in two weeks. She says public funding won’t be needed for the new initiatives, despite a draft government report leaked to media that explicitly says the opposite.

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Oil Review Middle East

JULY 14, 2025

While hydrocarbons remain vital, with more than 90% of EIC member companies in the region still focusing on oil and gas , the growth of investment into renewables, hydrogen, and digital infrastructure reveals a willingness to embrace what’s next, without abandoning what works now.

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Energy Central

SEPTEMBER 25, 2023

By Adam Peltz Louisiana has a long history of oil and gas development, with 50,000 wells distributed across the state and along the coast. A long-abandoned well sits off the shore of the Louisiana coast About a third of these wells are.

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Rigzone

JUNE 10, 2025

“The company will deliver a rigless intervention framework that enables Repsol Resources UK to optimize well construction, production, and intervention to maximize plug and abandonment operations”, Halliburton added. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!

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Operator E&P Exploration and Production E&A 62

The Energy Law

JULY 15, 2021

As the number of solar projects continues to grow in Louisiana, a chief concern among Louisiana taxpayers is ensuring that these projects are properly decommissioning upon their abandonment. Solar development is largely in its infancy in Louisiana, with only a handful of projects having been constructed to date.

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Underground Vision Technologies

FEBRUARY 3, 2022

million to cap more than 5,400 oil and gas wells in Kansas that have been abandoned by owners and threaten water supplies or pose other environmental hazards. The bipartisan federal infrastructure law appropriated $58.6 She said the list of defunct wells included 34 in Johnson County and at least 375 in Miami County.

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Permian Basin Oil and Gas Magazine

JULY 14, 2025

The following, summarized by Robertson, made it through both chambers and to the governor’s desk: House Bill 48 creates an Organized Oilfield Theft Prevention Unit within the Department of Public Safety to combat theft involving oil and gas equipment in Texas. This unit is tasked with investigating specified oilfield theft-related offenses.

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Rextag

APRIL 16, 2025

BP Targets 400,000 boe/d in Gulf with New Discovery BP has made a new oil discovery in the deepwater Gulf of America, signaling a renewed commitment to traditional energy resources as the company continues a high-profile strategic reset. The initial well and a sidetrack successfully encountered oil in high-quality Miocene-age reservoirs.

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Underground Vision Technologies

FEBRUARY 3, 2022

Pennsylvania is set to get an influx of federal infrastructure money to plug abandoned oil and gas wells. Pennsylvania has a lot of orphan and abandoned wells, due to its long history with the oil and gas industry. Pennsylvania has a lot of orphan and abandoned wells, due to its long history with the oil and gas industry.

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Energy Central

JULY 3, 2022

And the consequence has been the search for sources that had already been abandoned or greatly reduced, and that are much more emitting. The rise in prices for gas and oil derivatives has led many countries. Victim of the war in Ukraine: emissions The Russian invasion triggered a global setback also on the issue of reducing emissions.

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Iraq Business News: Oil & Gas

MAY 8, 2025

We addressed the maturity of our bond debt by calling the old bond and issuing a new $100 million bond, thereby increasing available cash and putting in place a capital structure that can provide funding towards delivery on our strategic objectives, regardless of whatever uncertainties may face the business at the macro-economic level.

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Energy Energy Exploration and Production BBL 97

Permian Basin Oil and Gas Magazine

MAY 12, 2025

This report will address some legal issues, a current CCUS project near Odessa, new technology to economically repurpose abandoned wells and formations, and a digital approach to unitizing and managing CCUS data, also with streamlining in mind. The mystery involves what exactly happens to that oil in the injection and storage process.

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Valor

FEBRUARY 24, 2025

February 24, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oildips on pending Kurdistan supply resumption Summary : Oil prices declined on Monday, extending last weeks losses, as markets anticipated the resumption of crude exports from Iraqs Kurdistan region.

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Rextag

JANUARY 21, 2025

The oil and gas industry navigates a transformative 2025 period shaped by strategic consolidations, maturing resource plays, and shifting market fundamentals. Forecast: With companies securing three to seven years of viable inventory at $70/ bbl oil, M&A activity is expected to remain a cornerstone of strategy through 2025.

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The Energy Law

JUNE 3, 2022

As currently written, the Act allows the project operator to expropriate the rights “necessary or useful” in constructing and operating the storage facility. [1] As currently written, the Act allows the project operator to expropriate the rights “necessary or useful” in constructing and operating the storage facility. [1]

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The Energy Law

MARCH 27, 2020

Coupled with the recent decline in oil and gas prices, many operators are left scrambling in an attempt to navigate unprecedented circumstances. For wells that have already been placed on a schedule of abandonment, Conservation already allows operators to delay the plugging of wells for up to a year.

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The Energy Law

JULY 15, 2021

As the number of solar projects continues to grow in Louisiana, a chief concern among Louisiana taxpayers is ensuring that these projects are properly decommissioning upon their abandonment. Solar development is largely in its infancy in Louisiana, with only a handful of projects having been constructed to date.

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Abandonment E&A Education Manufacturing 52

Rextag

MARCH 3, 2025

Can BP maintain its vision of a low-carbon future while doubling down on oil and gas? BP has announced a shift in its energy strategy, moving away from aggressive renewables investments and increasing its oil and gas production spending. The company aims to boost daily oil and gas production to between 2.3 million and 2.5

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The Energy Law

JANUARY 2, 2013

In August 2012, BSEE promulgated a new final rule entitled “Oil and Gas and Sulphur Operations on the Outer Continental Shelf–Increased Safety Measures for Energy Development on the Outer Continental Shelf,” to tighten safety measures on the OCS. Initially, BOEMRE implemented the recommendations through an interim final rule.

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Underground Vision Technologies

FEBRUARY 2, 2022

A veteran of the oil industry, Curtis Shuck is on a new path these days: cleaning up the mess left behind by orphaned wells. Orphaned wells are oil or natural gas wells that have been abandoned by companies for one reason or another. SHELBY, Mt.

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The Energy Law

NOVEMBER 10, 2017

Factual Background In July of 2008, nearly 300,000 gallons of oil spilled into the Mississippi River in New Orleans when a tugboat towing an oil-filled barge veered across the river into the path of an ocean-going tanker. American Commercial Lines, L.L.C. , 16-31150, F.3d 3d (5th Cir. 2703(a) 33 U.S.C. 2701(32)(A). [2]

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The Energy Law

JANUARY 4, 2007

The Court will also hear arguments on the applicability of the discovery rule and fraudulent concealment to claims by oil and gas lessors. The Court will also hear arguments on the applicability of the discovery rule and fraudulent concealment to claims by oil and gas lessors. Emerald Oil & Gas v. Exxon Corp., 27, 2005, pet.

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