13 November, 2023

Orphan, Abandoned, Idle, and Marginal Wells: Opportunities with Plugging, Repurposing, Carbon Credits, and More

Sponsored by: AAPG/Pittsburgh Petroleum Geology Societies

 

Learn about the new opportunities and best practices for plugging orphan, idle, and abandoned wells, and to comply with new requirements for funding, methane emissions measurement and monitoring, groundwater protection, and more.

Learn about the new opportunities and best practices for plugging orphan, idle, and abandoned wells, and to comply with new requirements for funding, methane emissions measurement and monitoring, groundwater protection, and more. The sessions will cover new databases, funding sources and tax incentives as well as best practices for finding and cleaning up orphaned and abandoned wells, for individual wells and the entire field. This workshop will bring together industry practitioners, government and state agencies, nonprofit and academic institutions in an event that emphasizes the "how" as well as the "what, where, and when" to spark new ideas, motivate interdisciplinary and multi institutional collaboration and support the establishment of best practices for cleaning up and repurposing wells across the nation.

Funding Sources

The Bipartisan Infrastructure Law directed the Secretary of the Interior to establish programs to inventory and properly close orphaned wells. The Law provides $4.7 billion for orphaned well site plugging, remediation and restoration activities on federal, Tribal, state and private lands. This historic investment will reduce methane and other greenhouse gas emissions from orphaned wells, help clean up water contamination, restore native habitat, create good-paying union jobs and benefit disproportionately impacted communities.

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