Stay up-to-date on the latest oil and gas industry news, from new rules and regulations to environmental issues that are driving change.
Feb 24, 2022
Pennsylvania is no stranger to oil and gas – the state has been a center of the industry since Colonel Drake drilled the first US oil well in 1859 in Titusville. The fracking revolution of the late 2000’s brought a second gas boom to PA, providing a new method to release trapped oil and gas deposits within the Marcellus shale formation. The Keystone State has made the most of its abundant natural gas reserves, creating thousands of high-paying jobs and filling global demand for dependable and affordable energy....
Tags: Pennsylvania
Feb 21, 2022
With $1.15 billion in federal funding on its way, states are gearing up to make the most of their money and expanding their orphan well programs to properly deal with the scale of this problem. While some states have established orphan well programs that plug hundreds of wells per year, others have been grossly underfunded for decades....
Tags: P&A | Orphan Wells | Pennsylvania
Dec 01, 2021
State environmental regulators have spent years trying to find wells and fund plugging of Pennsylvania’s abandoned oil and gas wells. With the passing of the REGROW Act, Pennsylvania will now have a massive budget to work with. The challenge: How to spend it....
Tags: P&A | Pennsylvania
Oct 27, 2021
With 3 million abandoned wells across the United States (2 million are still unplugged, according to the EPA), some states are creating programs to reduce greenhouse gas emissions. Capping abandoned wells, which emit millions of metric tons of methane, can cut these emissions by 99%. But federal funding is critical to addressing the issue....
Tags: P&A | Pennsylvania
Oct 27, 2021
Orphan oil and gas wells idled by companies that cannot pay to plug them are an issue in many states, thanks to volatile energy prices and bankruptcies caused by recent plummets in demand....
Tags: P&A | Orphan Wells | Pennsylvania