Thousands of oil wells can become orphaned as bankruptcies occur State and federal funding are limited for cleanup, plugging efforts White House, lobbying groups propose cash injections, reforms A growing number of orphaned and abandoned wells in the US is growing costlier by the day, challenging an oil and gas industry that is already negotiating the energy transition away from fossil fuels, according to critics, who are calling for reforms and new funding to clean up long-dormant, corroding sites. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The White House is aiming to inject major cash into well-plugging activities, and new groups in Texas, such as Commission Shift, have sprung up this year to help lobby and draw attention to the potential ticking time bombs of orphaned or undocumented wells. The Permian Basin has become dotted with more unnaturally-occurring phenomena, including the […]